Prada S.p.A. Reports Strong Q1 2025 Revenue Growth

Prada SpA ( (PRDSF) ) has released its Q1 earnings. Here is a breakdown of the information Prada SpA presented to its investors.

Prada S.p.A. is a renowned luxury fashion company operating in the apparel and accessories industry, known for its high-end products and iconic brands such as Prada and Miu Miu.

In its latest earnings report for the first quarter of 2025, Prada S.p.A. announced a notable increase in net revenues, reaching €1,341.3 million, marking a 12.5% rise compared to the same period in 2024. This growth was primarily driven by strong retail sales and a significant surge in the performance of the Miu Miu brand.

The company’s retail net sales saw a 13.0% increase, with Miu Miu experiencing a remarkable 60.2% growth. Geographically, the Middle East led with a 26.5% increase in sales, followed by Japan at 18.0%, and Europe at 14.3%. Wholesale sales also rose by 6.9%, and royalty income increased by 14.7%, reflecting a strong demand for Prada’s eyewear and fragrances.

Despite challenges in the market, Prada’s strategic focus on retail and brand strength has positioned it well for continued growth. The company opened four new stores and closed two, maintaining an extensive global presence with 611 stores.

Looking ahead, Prada S.p.A. remains cautiously optimistic, focusing on sustaining its growth trajectory through strategic brand management and market expansion, while navigating the dynamic global retail environment.