PROFITS SOAR AT PRADA

Prada released earnings with an increase of over 65%.

Despite the economic situation, Prada has managed to thrive in the tough environment.  This comes as the luxury brand readies for a possible initial public offering this year.  The brand tells DNR, “This performance is even more significant considering the best results were achieved in the second half of the year.”

Prada Profits Soar in 2007 [DNR]