×
281
Fashion Jobs
INTERMEDICS HEALTHCARE LLP
Area Sales Manager - Asm - Ivf/Hormones (Medical Devices)
Permanent · Lucknow
CRESCENDO GLOBAL LEADERSHIP HIRING INDIA
Area Manager- Fmcg Sales- (2- 5 Years)- Bangalore
Permanent · Bengaluru
KEZAN INDIA
Area Sales Manager
Permanent · Pune
ACHYUTAM INTERNATIONAL
Sales Manager- Printing & Packaging- Africa
Permanent · Chennai
SWAT CERAMIC PRIVATE LIMITED
Area Sales Manager
Permanent · Pune
NR CONSULTING
Requirement- Direct Sales Manager- Rajasthan
Permanent · Ajmer
ACHYUTAM INTERNATIONAL
Sales Manager- Printing & Packaging- Africa
Permanent · Chennai
ADITIYA
Area Manager-Retail Business Development (Ncr,UK)
Permanent · New Delhi
PRIMARK
Traceability Operations Coordinator
Permanent · BENGALURU
L'OREAL GROUP
Senior Manager - Sales Development (All Channels)
Permanent · Mumbai
L'OREAL GROUP
bd Consultant - l'Oreal, r&i, India
Permanent · Bengaluru
L'OREAL GROUP
Trade Marketing Manager – Matrix
Permanent · Mumbai
JANA SMALL FINANCE BANK
Area Sales Manager (Branch Banking) - Bhopal -mp
Permanent · Bhopal
MANPOWERGROUP SERVICES INDIA
B2B Sales Manager
Permanent · Gandhidham
LAL SWEETS
Area Sales Manager
Permanent · Agar
DHARAMPAL PREMCHAND (BABA)
Opening - Area Sales Manager - Pune
Permanent · Pune
PROMETO CONSULTING
Area Sales Manager (gt)
Permanent · Visakhapatnam
SHARP HRD SERVICES
Sales Manager
Permanent · Chennai
KONARK HERBALS AND HEALTH CARE (KHHC)
Area Sales Manager
Permanent · Ahmedabad
INTERMEDICS HEALTHCARE LLP
Area Sales Manager - Asm - Ivf/Hormones (Medical Devices)
Permanent · Lucknow
NATIONAL PAINTS
Area Sales Manager
Permanent · Bhopal
CREANDO ASSOCIATES PVT LTD
Area Sales Manager/Rsm/Ase
Permanent · Ghaziabad
By
Reuters API
Published
Jan 18, 2022
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Prada's 2021 sales bounce back above pre-pandemic levels

By
Reuters API
Published
Jan 18, 2022

Sales at Italian fashion group Prada bounced back sharply in 2021 as pent-up demand for luxury handbags and clothes helped push revenues above pre-pandemic levels, the company said on Tuesday.


Prada - Fall-Winter2022 - Menswear - Milan - © PixelFormula



In an unscheduled trading update, Prada said group sales last year rose by 41% at constant exchange rates to 3.364 billion euros ($3.83 billion), and stood 8% above 2019 levels.

The figure was above an estimate of 3.28 billion euros in an analyst consensus cited by UBS and indicates a revamp strategy, which aims to move Prada upmarket and increase the share of online sales, is paying off.

Prada last November set itself a medium-term sales goal of 4.5 billion euros.

The Hong Kong-listed group, which had not been due to disclose full-year results before March, said sales had particularly accelerated in the second half of last year thanks to its retail network, which grew by 27% compared to 2020 and by 21% compared to 2019, including e-commerce.

Core profits also showed a "significant increase" in the second half thanks to the higher contribution from the retail channel and the full-price policy pursued by the family-owned fashion house.

"The Prada Group has the capabilities and resources to set itself apart and deliver on its future growth objectives," said Chief Executive Officer Patrizio Bertelli, who in November announced he could hand over the reins of the group to his son Lorenzo Bertelli in three to four years time.

© Thomson Reuters 2023 All rights reserved.