Overview
- Revenue reached €4.07 billion for the nine months, up 9% at constant exchange rates, with Q3 delivering the 19th consecutive quarterly increase and retail up 8%.
- Miu Miu continued to outperform, with retail sales up 41% year to date and revenue up 29% in Q3 against last year’s triple‑digit comparison.
- The Prada namesake label softened slightly, with retail sales down 1.6% for the nine months and 0.8% in the third quarter.
- Retail remained the growth engine at €3.64 billion, up 6% reported (9.3% constant), while wholesale rose to €322 million and royalties to €101 million.
- Regional trends improved, including Asia‑Pacific retail at €1.21 billion up 7% reported (10% constant), Europe up 4%, and the Americas up 15% at constant rates, with management citing steady execution despite a challenging backdrop.