Prada Group reports 16% revenue rise and 22 quarters of organic growth

Prada Group announced net revenue of €30.48 billion for the first half of its 2026 fiscal year, a 16% increase at constant currencies and 11% at actual rates. Excluding the recent Versace acquisition, organic growth was 5%, marking the 22nd consecutive quarter of organic expansion.

Retail sales, which represent 86% of total revenue, grew 3% organically and 12% at constant currencies, driven by strong performance in Asia‑Pacific (excluding Japan) and double‑digit growth among Chinese customers. The group operates 832 stores in more than 70 countries.

Versace contributed €3.05 billion in net revenue and appointed Pieter Mulier as its new creative director. CFO Andrea Bonini highlighted cash flow of €6.27 billion and a net debt of €6.93 billion. CEO Andrea Guerra noted China as the market with the greatest upside despite current uncertainties, while Chairman Patrizio Bertelli emphasized the need for flexibility amid geopolitical and macro‑economic volatility. Prada’s shares rose 14% to HK$43.26 after the results.