Prada Fashion Brand Gross Profit Growth Is Lower Than Expected In The Fourth Quarter.
Prada group, maker of fashion goods in Milan, Italy, has disappointed its analysts in the fourth quarter, and the volume of pactions in Hongkong has dropped to its lowest level in 18 months after the disappointing results of some analysts.
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< p > < a target= "_blank" href= "//m.pmae.cn/" > designer < /a > said in a statement that the growth rate of Prada's same store sales decreased in the first 3 months as of January 31st, mainly due to the delay of the Chinese New Year in 2013.
According to the statement, sales profits expanded from 24.6% last year to 27%.
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"A less than expected gross profit in the fourth quarter led to net profit below expectations," a p barclays bank analyst wrote.
The prospect of store sales for at least one year is easing. "
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