Luxury retail stocks trade higher after Prada rides strong Asian growth to post a solid jump in...

|By:, SA News Editor

Luxury retail stocks trade higher after Prada rides strong Asian growth to post a solid jump in first-half revenue. Asian demand from high-end spenders is crucial for the sector, often leading to peers swinging up and down together. Gainers: KORS +4.7%, RL +3.2%, COH +3.8%.