PRADA reports 29% increase in first half revenues

Italian luxury house Prada posted a 29 percent rise in first-half revenues on Wednesday, driven by strong retail sales in Asia, the United States and Europe.

Prada reported its revenue in the six months to the end of July exceeded 930 million euros, adding that   Asia registered a 70% increase, followed by the United States and Europe. Prada and Miu Miu brands were the best-performers.