Prada SpA : Allegro ma non troppo
>The re-rating that we were calling for has just happened! - While the Prada share has gained nearly 25% YTD and outperformed the sector, which is up just under 20%, its performance since we initiated coverage on 25 November last in fact looks much more spectacular. Since then it has gained more than 35% in local listing currency terms and more than 30% in euros, while the sector benchmark LVMH is only up just under 15%. In fact the share has rerated by close to 20% v...PRADA is engaged the luxury goods sector where it operates with the Prada, Miu Miu, Church's and Car Shoe brands in the design, production and distribution of luxury handbags, leather goods, footwear, apparel and accessories. Co. also operates, under licensing agreements, in the eyewear, fragrances and mobile telephone sectors. Co.'s products are sold in 70 countries worldwide through a network that included 540 Directly Operated Stores (DOS), and a select network of luxury department stores, independent retailers and franchise stores.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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