Friday, April 27, 2007

Prada fashions 63 percent profit rise in 2006

(Reuters) - The profit growth was "thanks to a more favourable product mix ... and more effective stock management," among other factors, as well as "strict cost control," Prada said.

Prada's roots are in leather luggage, but it became a household name with black nylon bags that were must-haves for fashionistas.


Read more at Reuters.com Market News

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