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Prada To Open Additional Stores



Prada’s hopes for a good 2013 were dashed.
The group experienced an increase of 8.8% in turnover to €3.59 billion, however the group’s growth has slowed down. The realised net profit stopped at €627.8 million, way below expectations.

The group has issued a warning that the growth rate will slow down more.  It stated that the demand in Europe remains low, exports have been affected by the strong Euro and the Chinese market has started maturing. 

Prada has not been able to escape the current luxury market slump.

In an attempt to counter the drop in growth, the group have placed their focus on expanding by planning a 2016 deadline of 120 new stores. Fifty of these stores will focus solely on males. It already has 30 men’s stores, but believes that it will experience strong growth in this particular section over the medium term.

Seventy more women’s stores will be opened by 2016. A Miu Miu perfume release is expected during 2015.

The group intends opening additional production facilities within Italy, to add to the 11 it has already established.  


More about shopping malls in Italy



YESTERDAY, Finland:
With the approach of the New Year holidays, we are launching a series of reviews on the most popular tourist destinations.
DAY BEFORE YESTERDAY, United Kingdom:
Amazon is preparing to open the first innovative Amazon Go store in London.
Dec 5, 2018, Japan:
The project is being developed in partnership with the Japanese video game manufacturer Bandai Namco Amusement.
Nov 29, 2018, Finland:
Among the tenants of Zsar Outlet Village are the stores of Hugo Boss, Lindt, Liu Jo, Guess, Roberto Cavalli, Braccialini and other brands.
Nov 27, 2018, France:
Located less than an hour from the center of Paris, Designer Outlet Normandie set to become a key attraction for international tourists.
Nov 21, 2018, Philippines:
The grand-scale store of the Swedish furniture giant released as tenant of Mall of Asia in Manila.
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Charlotte Premium Outlets GLA:400 000 SF
ADDRESS: 5404 New Fashion Way Suite 100, Charlotte, NC 28278
USA . Charlotte
Charlotte Premium Outlets
Silesia City Centre GLA:699 654 SF
ADDRESS: Chorzowska 107
Poland . Katowice
Silesia City Centre
Cabot Circus GLA:990 280 SF
ADDRESS: Glass House, Bristol BS1 3BX
United Kingdom . Bristol
Cabot Circus
Madrid Xanadú GLA:1 184 030 SF
ADDRESS: Autovía A5, salidas 22 y 25 - 28939
Spain . Madrid
Madrid Xanadú


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