With 75 new store openings in 2012, MIU MIU reports 30 percent sales growth
Prada Group’s MIU MIU brand has recently reported a 30,8 percent increase in its sales for the first quarter of 2012, reaching a total of 107,3 million euros in sales. Donatello Galli, Prada Group’s Administration and Finance Director has confirmed that Prada Group is well on track with its projected sales total of 700 million euros to 800 million euros in 2012/2013.
This year, Miu Miu opened 70 new stores worldwide, today, the number of directly operated Miu Miu stores being 101. For 2012 and 2013, the company estimates an average of 80 new openings per year. Recent prominent Miu Miu stores included: Casablanca (Morocco), Paris – Charles de Gaulle Airport (France), Sao Paolo (Brazil), Mexico City (Mexico), Dubai (UAE), Taipei (Taiwan).