Prada Group Reports 16% Revenue Growth for First Half of 2026
Italian luxury fashion house Prada Group reported net revenues of €3.04 billion in the first half of 2026, a 16% increase year-on-year (YoY), driven by both organic and currency-related growth. Retail sales rose to €2.63 billion, up 12%, with organic growth at 3%. The second quarter saw an acceleration in performance despite challenges from the Middle East conflict. Wholesale sales surged by 40% at constant currency to €299 million, and royalties increased significantly by 73% to €116 million. However, earnings before interest and taxes (EBIT) declined slightly to €523 million compared with €607 million in the same period last year. Group net income also fell from €386 million to €327 million. Regionally, strong performances were recorded in Asia-Pacific, Americas, and Japan, while Europe showed a slight decline but signs of improvement.
Topics: luxury fashion retail sales revenue growth