Sunday, December 5, 2010

Prada Profits Triple!

Business is good at Prada.
In the 9 months before October 31st, the Italian fashion house's profits totaled $206 million or triple what they brought in last year at the same time.
While this may be good news for Miuccia Prada, that money probably will be spent faster than they can count it.
As reported back in July, the Italian fashion house had to borrow almost $500 million to pay off their $850+ million debt.

No comments:

Post a Comment