By  on March 30, 2010

MILAN — Leveraging the performance of its retail network, Prada SpA posted a 1.4 percent increase in net profits to 100.2 million euros, or $140.2 million, in the year ended Jan. 31.

The weak economy and soft wholesale sales in markets such as the U.S. contributed to a 5 percent drop in revenues compared to the previous year, totaling 1.56 billion euros, or $2.18 billion.

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