According to UBS, Prada Group’s strong performance in the fourth quarter of last year, driven by the growth of its brands Prada and Miu Miu, has caught the attention of global investors. The group is expected to announce its first-quarter results on April 24, with projected revenue of $1.31 billion (€1.18 billion), a 14% increase at a fixed exchange rate. UBS maintains a “buy” rating on Prada Group, raising its target price to $9.69 (HK$74.5), and expects the group to outperform in revenue this year.