Prada SpA ( (HK:1913) ) has issued an announcement.
Prada USA, a subsidiary of Prada SpA, has entered into a lease agreement with 720 Fifth USA for additional retail space in New York, enhancing its flagship store. This strategic move, involving a three-year lease with a two-year renewal option, underscores Prada’s commitment to expanding its retail footprint in prime locations, potentially boosting its market influence and customer reach.
More about Prada SpA
Prada SpA is a prominent company in the luxury fashion industry, known for its high-end clothing, accessories, and footwear. The company focuses on delivering premium products with a strong market presence globally.
YTD Price Performance: -13.67%
Average Trading Volume: 3,240
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $18.72B
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