Home Videos Photos Shop
PerezHilton CocoPerez Amy Schumer Kim K. Selena Gomez Iggy PerezTV

Prada Has Best Year Ever! Profits Skyrocket!

| Filed under: Business BlitzPrada

300312-prada-2012-profits-outperform-estimates.jpg

Business continues to boom for Prada!

According to an earnings report released on Thursday, Prada's profits have soared, boosting a net income increase of a whopping $573.9 million or 72% in the year ending January 31.

Although its wholesale revenue declined 5.2%, retail sales were also up by 38 percent, as the luxury fashion house opened up 75 stores - upping the number of boutiques to 388.

In response to the great news, Prada is set to expand even further this year by adding additional stores, and upgrading current ones.

Congrats Prada, this is fantastic!

Now, can we barrow some money? Ha!

[Image via Ramey Pix.]

Tags: , , ,

Celebrities Who've Been Dropped By Major Brands & Retailers
Celebrities Who Love Prostitutes!
10 Biggest Box Office Flops Of 2016!
Celebrities With Cookbooks!
Celebs Who Own Bars & Restaurants!
She-E-Os -- The Baddest Boss Bitches In The Game

Comments are closed.