Friday, 16 December 2011

Prada Poised to Extend Slump as China Shoppers Cut Back: Retail

Dec. 16 (Bloomberg) -- Prada SpA is falling out of fashion six months into its Hong Kong trading debut as investors brace for Chinese shoppers to curb spending. Shares of the maker of $2,000 bags and Miu Miu shoes, which gets more than 42 percent of sales from Asia, have dropped 34 percent from its ...


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