Prada Group released its 2024 financial report yesterday. The Group’s revenue reached 5.432 billion euros ($5.89 billion), a 17.0% YoY increase. Net profit grew by 25.0% YoY to 839 million euros ($910 million). Prada’s retail sales increased by 4.2% to 3.563 billion euros ($3.86 billion), while Miu Miu saw a 93.2% surge to 1.228 billion euros ($1.33 billion). Japan led regional growth at 45.8% YoY, followed by the Middle East (26.0%), Europe (17.5%), Asia-Pacific (13.1%), and the Americas (8.9%).