MILAN — Lifted by the strong performance of its stores, gains in all markets and continued growth of its namesake brand, Prada Group posted a 9 percent increase in preliminary revenues in the fiscal year ended Jan. 31.
Sales rose to 3.58 billion euros, or $4.76 billion, compared with 3.29 billion euros, or $4.24 billion, in the previous year. At constant exchange rates, revenues would have climbed 13 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?"