Recession? What Recession?

Prada Autumn Winter 2011

Prada recently announced the company has more than doubled it's net profits for 2010, in large part due to increasing sales Asia.  The company reported that net profits had jumped around 150% to €250.8 million (AU$344.8 million), while operating profit rose 84.7 per cent to €535.9 million.  Last month it announced that revenues climbed 31.1 per cent last year to €2 billion, and in particular soared 63 per cent in Asia to €646 million.  Nice work Miuccia.