By  on December 15, 2015

MILAN — Sluggish sales in Asia-Pacific, a weakened U.S. market penalized by the strong dollar and a lackluster market for leather goods affected Prada SpA’s profitability in the first nine months of the year.

The Italian luxury group saw its net earnings in the period ended Oct. 31 drop 26.3 percent to 235.1 million euros, or $261 million, compared with 319.3 million euros, or $427.8 million, in the same prior-year period.

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