The Prada Group has posted double-digit growth for the fourth consecutive year, bucking the luxury sector slide amid talk of a possible Versace acquisition

The Prada Group on Tuesday posted double-digit growth for the fourth consecutive year, bucking the luxury sector slide amid talk of a possible Versace acquisition. The group, which owns the Prada and Miu Miu fashion brands along with Church's footwear,

The Prada Group has reported strong financial growth, thriving with a 17% revenue boost despite a general downturn in the luxury sector. Highlights include retail sales growth and positive performance of Prada and Miu Miu brands.

Prada has posted double-digit growth for the fourth consecutive year and is believed to be in talks to acquire the Versace brand, as the fashion house looks to extend its reach

The Prada Group results are against market trends, with the luxury sector as a whole contracting last year for the first time since the Great Recession. “This success underscores the enduring ...