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Luxury goods giant Prada quarter profit soared to 64 million euros
NetEase May 24 hearing, according to Bloomberg News, the Italian luxury goods giant Prada 's (Prada SpA) Monday, Xinhua reported , thanks to strong sales in emerging markets growth , the company 's business in the first quarter profit increased to nearly six times last year in addition to the same name brand Prada , the Prada company also owns Miu Miu,Burberry Outlet, Car Shoe and Church and other high-end brands .
general headquarters in Milan, Italy Lada company said in its earnings ,Chanel Purses For Sale, first quarter of 2010 , the company achieved income tax , profit before depreciation and amortization to reach 64 million euros ( $ 79.5 million ) , this figure increased significantly over the same period in 2009. in 2009 the first quarter ,Gucci Outlet USA, Prada 's income tax , depreciation and amortization profit of only 11 million euros. Prada company also said its 2010 first quarter operating income of € 366 million , this figure than the same period in 2009 290 million euros up 26%.
Prada said , the substantial growth in emerging market sales , the company's first quarter this year, the most important reason to achieve significantly improved the whole first quarter Prada 's retail revenue over the same period in 2009, a substantial increase of 36 %, with Prada 's retail market in the Far East grew 62% , ranking first in all markets ; in addition, the Prada company in the U.S. market retail revenues increased 33% , while retail sales in the European market grew by 18%. to be able to seize as soon as possible as the representative of the emerging Asian market share , Prada accelerate the company's most recent stores in these markets up speed .
currently , Prada in 76 countries around the world sell their products , the number of its outlets to 280 surface , while the Prada company through other means such as department store sales of its products .
( this article Source: NetEase Finance author : Cheng Chi )
luxury42bbub 18.01.2012 0 122
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