Prada posts 2023 profits up 44% at 671 mn

(ANSA) - ROME, MAR 7 - Prada on Thursday posted 2023 profits up 44% at 671 million euros.
    The Italian fashion house posted net earnings of 4. 7 billion euros, 17% up, powered by the lure of the Prada and Miu Miu brands.
    Retail sales reached 4.2 billion euros, also 17% up, also thanks to a "less challenging" scenario in China.
    Founded in Milan in 1913, Prada specializes in leather handbags, travel accessories, shoes, ready-to-wear, and other fashion accessories. (ANSA).