Feb. 23, 2015, 9:40 AM
- Prada (OTCPK:PRDSF, OTCPK:PRDSY) reports sales fell 1% in 2014 to €3.55B ($3.98B).
- A 7% slide in revenue for the company's Asia-Pacific business during the year was influenced by a strong tail-off in luxury demand for the back half.
- Prada's U.S. sales gained 7% last year.
- Double-digit sales growth was seen for the Church's and Car Shoe brands.
Prada S.p.A. is an Italian fashion company that designs, manufactures, promotes and sells high-end leather goods, ready-to-wear and footwear through various brands.
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