Prada SpA sales surged last quarter as wealthy shoppers snapped up Miu Miu’s Arcadie handbags and cashmere cardigans.Comparable retail sales at the Italian fashion group grew 18% in the third quarter, ...
We believe brands go through fashion cycles lasting around 5 years and our forecasts for more near-term pressure on Gucci reflect those. We still expect the long-term margin for Gucci to be below the ...