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Read More »Prada reports $1.8bn drop in revenue
Bloomberg Prada SpA reported the first decline in opening-half sales since its 2011 listing as weak demand in China and terrorist attacks in Europe continued to weigh on the Italian luxury-goods maker. Revenue fell 15 percent to 1.55 billion euros ($1.8 billion), the Hong Kong-listed company said in a statement, missing the 1.65 billion-euro average analyst estimate compiled by …
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