APRIL 30, 2025
Prada Group: solid start to the year with retail sales up 13% yoy
Milan, 30th April 2025 - The Prada S.p.A. Board of Directors, which convened today, reviewed and approved the consolidated revenue performance for the first quarter ended March 31, 2025.
Key highlights (growth percentage at constant currency)
- Creative dynamism and high desirability drove positive start to the year, notwithstanding more challenging macro and sector dynamics
- Net Revenues of €1,341 mln, up 13% yoy
- High-quality Retail Sales of €1,216 mln, up 13% yoy
- Resilient performance for Prada, stable yoy, against high quarterly comps
- Miu Miu remained on sustained growth trajectory at +60% yoy
- Announced acquisition of Versace on April 10th, with closing expected in H2 2025 upon regulatory approvals
