Reuters
22 Oct 2026, 10:47 UTC · 1h ago
Prada weathers luxury slowdown as Q3 sales edge up, Miu Miu slows down
Impact · against what's priced in
Prada's ability to edge up sales during a sector-wide luxury slowdown provides a modest positive signal. However, the decelerating growth in Miu Miu offsets some of the optimism regarding the group's overall momentum.
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- In context
The company's ability to maintain slight sales growth in Q3 despite a broader luxury slowdown demonstrates resilience, though growth in the Miu Miu brand is decelerating.
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