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Prada reported a sharp seasonal delay of fall-winter retail sales in Q3

By Reuters News

Oct 22 (Reuters) - Prada CEO Andrea Guerra and CFO Andrea Bonini tell analysts:

  • PRADA CEO: THERE WAS A SHARP SEASONAL DELAY OF FALL-WINTER RETAIL SALES IN THE THIRD QUARTER

  • PRADA CEO: THERE WAS ACCELERATION OF FALL-WINTER SALES IN THE LAST TWO, THREE WEEKS

  • PRADA CFO SEES CHANGE OF DIRECTION FOR VERSACE'S TOP LINE AND EBIT LOSS NEXT YEAR, MORE INVESTMENTS

  • PRADA CEO SAYS GROUP'S STORES IN FRANCE AND ITALY WERE NOT AFFECTED BY ANY PHYSICAL VIOLENCE DURING PROTESTS

  • PRADA CFO SAYS GROUP DISCUSSED A DUAL LISTING, IT'S OPTION WORTH CONSIDERING FROM TIME TO TIME, NOT IN POSITION TO SHARE NEWS AT THE MOMENT

Further company coverage: 1913.F

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