Italian fashion house Prada reported a 2011 net profit of 431.9 million euros beating a Thomson Reuters forecast of 415.83 million euros, annouced reuters. Prada posted a 72 percent rise in full-year net profit. Prada’s shares listed in Hong Kong have gained 41 percent since the start of 2012.
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Discover the world’s most prestigious gatherings & exhibitionsMilan-based Prada is seen as a proxy for the booming luxury goods market in Asia, especially in Greater China.
