Prada reports 9% revenue growth, appoints new director

Prada Group's first-half revenues reached €2.74bn, up 9% at constant exchange rates, with retail sales rising 10%. Miu Miu sales surged 49% while Prada brand sales declined 2%.

The group reported adjusted EBIT of €619m and closed with a €352m net financial surplus. Ilaria Resta was appointed independent non-executive director.