Prada reported higher revenue for last year after booming sales at its Miu Miu brand helped the Italian group escape a global decline in demand for luxury goods. For 2025, the company said it intends to deliver solid,

Versace is on everyone’s table,” said Miuccia Prada, the owner of the eponymous brand founded by her grandfather.

The Prada Group has posted double-digit growth for the fourth consecutive year, bucking the luxury sector slide amid talk of a possible Versace acquisition.

While neighboring luxury fashion houses face declining sales amid an industry-wide downturn, Miu Miu reports a record year with 93% retail growth, and Prada's sales chart 4% higher.

Prada's CEO indicated on Tuesday the Italian fashion group was at least looking at potential mergers and acquisitions following reports linking it with possible deals for fellow luxury brands Versace and Jimmy Choo.

Prada SpA defied a luxury industry downturn last year as wealthy young shoppers flocked to products from its Miu Miu brand.

Growth was reported across all its key markets and Miu Miu registered a record year, with retail sales soaring 93 percent.

As Miu Miu surpasses the 1 billion-euro mark, the focus remains on that brand and Prada, but group CEO Andrea Guerra said when dossiers "come around you look at them."

The event on April 9 and 10 will explore themes of girlhood, love and sex education through the works of Simone de Beauvoir and Fumiko Enchi.

Prada 1913-0.29%decrease; red down pointing triangle reported higher revenue for last year after booming sales at its Miu Miu brand helped the Italian group escape a global decline in demand for ...

Prada SpA defied a luxury industry downturn last year as wealthy young shoppers flocked to products from its Miu Miu brand.

Prada has posted double-digit growth for the fourth consecutive year and is believed to be in talks to acquire the Versace brand, as the fashion house looks to extend its reach