Fri 30 March 2012
ROLLING IN CASH: Less than a year after its initial public offering on the Hong Kong Stock Exhange, Prada has closed 2011 on a high. In an announcement today the fashion powerhouse revealed Net profit had increased by 72.2%. Attributing the surge to strong sales in all areas of the business, leather goods in particular showing a 40% jump, management have described 2011 as its best year yet. Prada is really killing it- But is that really a surprise?!
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