MILAN — Prada Holding saw drastic improvement in its second-quarter sales and earnings results, but the improvement couldn’t prevent top- and bottom-line declines in the first half.

In the second quarter, earnings before interest, taxes, depreciation and amortization grew 65 percent to $37.2 million and earnings before interest and taxes rebounded to $8.1 million from a loss of $1.4 million in the comparable 2001 period. Sales rose 11.5 percent to $349.7 million from $313.6 million in the 2001 quarter.

To Read the Full Article
SUBSCRIBE NOW

Tap into our Global Network

Of Industry Leaders and Designers

load comments
blog comments powered by Disqus