Home / Knowledge / News / Apparel/Garments / Prada achieves strong sales growth in H1 FY'12
Prada achieves strong sales growth in H1 FY'12
Aug '12
Mr. Patrizio Bertelli
Mr. Patrizio Bertelli
The Prada Group recorded revenues of Euro 1,547.8 million in the first half of financial year ended at July 31st 2012, a 36.5% increase on the first half of financial year 2011.

The retail channel, on which Group strategy concentrates, contributed  sales of Euro 1,229.4 million or 80.6% of the Group total (+47.2% compared to the first half of 2011); wholesale sales also increased by 4.8%.

Strong DOS sales’ growth which posted a significant 19% Same Store Sales Growth (SSSG).

All geographical areas contributed strongly to the Group’s sales growth (figures as reported):

-         Italy +21.7%,

-         Europe +37.3%,

-         Asia Pacific +45%,

-         Americas +31%,  

-         Japan +34.2%,

The growth of the business was driven mainly by the Prada and Miu Miu brands which grew by 40.5% and 23.6%, respectively.

In the first half of 2012, in line with its strategy, the Group continued to develop its retail network, opening 28 new stores and taking the total number of DOS to 414 at the end of

July 2012, of which 263 Prada, 102 Miu Miu, 43 Church’s and 6 Car Shoe.

Patrizio Bertelli, CEO of Prada Spa, has expressed his satisfaction with these results which were achieved in an extremely difficult economic environment with the market continuing to reward Prada for its unyielding commitment to style and the pursuit of quality The interim results of the Group or the first half of financial year 2012 are tentatively scheduled to be announced on 24 September 2012.

The PRADA Group – is one of the world leaders in the luxury goods sector where it operates with the Prada, Miu Miu, Church’s and Car Shoe brands in the design, production and distribution of luxury handbags, leather goods, footwear, apparel and accessories.

Prada Group

Must ReadView All

Union textiles minister Smriti Irani addressing at the Texprocil Annual Export Awards. Courtesy: PIB

Textiles | On 22nd Oct 2016

Govt to extend special package to home textiles segment

The Central government is likely to extend the recently approved Rs...

Reebok Liquid Speed Grey. Courtesy: Business Wire

Apparel/Garments | On 22nd Oct 2016

Reebok’s Liquid Factory brings sneaker creation to US

Reebok, a pioneer in the sporting goods industry, has brought sneaker ...

Courtesy: GHCL

Textiles | On 22nd Oct 2016

GHCL to invest Rs 67.25 crore in textile division

Chemicals and textiles firm GHCL will invest Rs 67.25 crore in its...

Interviews View All

Awen Delaval

'Natural fibres are appreciated for traditional authenticity'

Sanjay Yagnik
Maa Tex Speciality

‘We suggest reducing dosage of sizing chemicals to reduce sludge...

Amrit Sethia

‘The intimatewear category in India is slowly becoming trend-sensitive.’

Marcel Alberts

Coating at a fibre level is a practice not usually seen in the...

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Sonam & Paras Modi

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies

October 2016

October 2016

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Browse Our Archives


Advanced Search