MILAN — Strong sales growth in some Asian markets and the Americas wasn’t enough to offset currency headwinds and a negative economic environment in Europe, which tempered Prada Group’s sales growth in the first half of the year.
The Hong Kong-listed company said Wednesday that consolidated net revenues in the six months ended July 31 rose 1 percent versus the same period a year earlier to 1.75 billion euros, or $2.4 billion. At constant exchange rates, the growth in revenues was 4 percent.
A Stella McCartney sketch of a custom dress made from protein-based silk in partnership with biotech lab Bolt Threads. The dress will be displayed at The Museum of Modern Art's upcoming design exhibition, "Items: Is Fashion Modern?"