Prada reported Monday first-half net income of €286 million ($370 million), up from €179 million in 2011. Revenues rose 28 per cent to €1.5 billion from €1.1 billion last year.
Asia revenues were up 44 per cent. Europe recorded a 31 per cent increase, despite the financial crisis, due to rising tourist numbers.
Leather goods, which represent nearly two-thirds of sales, grew by 52 per cent. Clothing and footwear contributed €564 million to sales, which Prada said "reflects client appreciation of the group's stylistic excellence."
Prada's summer 2013 collection centring on a deconstructed kimono was enthusiastically received during Milan Fashion Week.Suggest a correction