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| Name | Symbol | Market | Type |
|---|---|---|---|
| Prada Spa (PK) | USOTC:PRDSY | OTCMarkets | Depository Receipt |
| Price Change | % Change | Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 14.965 | 14.00 | 14.80 | 14 | 15:45:43 |
From Oct 2019 to Oct 2024
By Manuela Mesco
MILAN--Prada said on Wednesday that its preliminary sales for 2015 were flat compared with the previous year at 3.5 billion euros ($3.9 billion), hampered by China's slowing economy and a strong U.S. dollar.
The Italian fashion company, listed in Hong Kong, said that sales in the Asia-Pacific region fell 4% compared with the previous year at current exchange rates and 16% at constant exchange rates.
Sales in the American market decreased 9% in real terms because of the significant strengthening of the U.S. dollar which affected the number of tourists to the region, the company said.
European sales, on the other hand, rose 6% at current exchange rates, because of a steady stream of tourists.
Write to Manuela Mesco at manuela.mesco@wsj.com
(END) Dow Jones Newswires
February 17, 2016 08:51 ET (13:51 GMT)
Copyright (c) 2016 Dow Jones & Company, Inc.
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