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authentic bags Prada, the Italian luxury brand 2010 total net profit to 250 million euros than last year's 100 million euros, a 150.4% growth. Sales hit the 2 billion mark for the euro, than last year the corresponding period grows 31.1%.
Bertelli said "Prada group has a strong industrial and distribution structure, and can seize the market with the best chance of."
Deduct the interest and taxes, depreciation and amortization earnings before (EBITDA), than last year the corresponding period grows 84.7%, for 5.359 billion euros. Deduct interest and the tax revenue increased 123.7% to 5.606 billion euros.
Prada group created the cash flow of about 3.677 billion euros, help cut 4.086 billion euros of debt. In the retail sector Prada sales year-on-year growth of 44%, more than 70% of our revenue. Large wholesale revenue is up 9.4 percentage points.
In the Asia Pacific region has Prada 104 directly-managed stores, sales rose 63% to 6.457 billion euros. The market for their company is still is the most important. authentic bags Prada At present, the company has not sure Prada time frame and sell of equity size. Although after Japan earthquake and tsunami disaster, stock markets around the world condemn, but Prada shaking on the company still hold an optimistic attitude. Analysts believe that the only new shares will be on sale this spring fastest, when the market value of a company, Prada will reach $9.5 billion.
This year, Prada plan in mainland China, such as the Harbin, changchun, hangzhou, guangzhou nine cities open a shop. Another group of 11 shops will be opened in 2012. In January, Prada held in Beijing a fashion show, and said it will be here to open studios.
Prada foundation said Monday the ongoing another development project, will contribute to the recovery and reconstruction of the historic Venice baroque buildings PalazzoCa 'Corner, the building was built between 1724 and 1728. Reconstruction project will and Venice foundation Musei CivicidiVenezia agreement. After the reconstruction of the building will be on the opening of the end of may, aims to develop another to the cultural art exhibitions and research project for the purpose.
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