Breaking News, World News and Taiwan News.

Prada says key to profits may lie in China's market, despite flat results

PARIS--The Chinese market for luxury fashion products will be the main driver of growth at Italian group Prada, the company said on Thursday after reporting stable profits.

Prada played down talk of a slowing of the Chinese luxury sector, after reporting almost flat net profit for 2013 of 627.8 million euros ($864 million).

That figure showed an increase of 0.3 percent from the outcome the previous year, and Prada said that the results had been held down by the strength of the euro and an increased tax charge.

Write a Comment
CAPTCHA Code Image
Type in image code
Change the code
 Receive China Post promos
 Respond to this email
WSJA
Subscribe  |   Advertise  |   RSS Feed  |   About Us  |   Career  |   Contact Us
Sitemap  |   Top Stories  |   Taiwan  |   China  |   Business  |   Asia  |   World  |   Sports  |   Life  |   Arts & Leisure  |   Health  |   Editorial  |   Commentary
Travel  |   Movies  |   TV Listings  |   Classifieds  |   Bookstore  |   Getting Around  |   Weather  |   Guide Post  |   Student Post  |   English Courses  |   Terms of Use  |   Sitemap
  chinapost search