Prada shares slump to two-year low

Sales fell in the last reported quarter, as Adrian Holliday reports

Is the world’s love affair with Prada over? Glancing at Prada’s latest Q1 results, there’s a certain lack of connection between buyer and seller: sales actually fell in the last quarter, down 0.6% to €777.7m, some distance from the €813m figure expected by Wall Street.

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