Prada SpA : Well positioned to continue to outperform sector growth, a compelling investment case
>We have only slightly adjusted our growth forecasts, with Miu Miu set to continue to grow strongly in H2 2024 - The company’s message is unchanged from the indications given at the half-year stage in July: no drastic deceleration in business overall. It is obviously important to distinguish between Prada and Miu Miu: we understand that business at Prada reflects more overall trends in the sector (growth at Prada retail had fallen to +4.6% y-o-y cc in Q2) and is liabl...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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