MILAN — Prada chief executive officer Patrizio Bertelli has something in common with L Brands’ ceo Leslie H. Wexner. Neither loves U.S. department stores.
During a Friday conference call discussing Prada’s financial results, Bertelli lamented the “sale bargains and markdowns” that are pervasive in the U.S., while also expressing confidence about his firm’s prospects for 2014.
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