(Il Sole 24 Ore Radiocor) - Milano, 30 apr - The Italian luxury group Prada said that in the first quarter of 2026 net revenue rose 14% to 1.428 billion euros, with organic growth at 3%.

Versace, whose acquisition was completed on December 2, 2025, contributed 143 million euros to net revenue.

Retail sales rose 10% to 1.245 billion euros, with organic sales growth of 1%.

'The group delivered another quarter of growth in a disrupted environment and against the most challenging comparison base of the year. Prada maintained momentum, showing further improvement in full price sales. Miu Miu remained highly desirable; while its remarkable growth journey raises the bar, we are reassured by the health of this growth, achieved without compromises, and confident about future opportunities. The integration of Versace is progressing well, strengthening organisation and processes ahead of the next phase of creative evolution. Our strategy, solid and well-structured on the higher end of the product range on one side, and in attracting new clients on the other, will be crucial in the coming months. In parallel, we shall continue to execute with discipline, vigilant but committed to our ambition to deliver abovemarket.

growth for the group,' said Andrea Guerra, the CEO.

(RADIOCOR) 30-04-26 15:07:07 (0676) 5 NNNN