On February 23, the Beijing News Shell Financial Reporter learned that Lorenzo Bertelli, the heir to the Italian luxury group Prada, denied the news that "Prada Group may be acquired by the French luxury company Chanel".
It was previously reported that the Wertheimer family, which controls Chanel, was interested in buying the Prada Group, and family representatives met with the founders of the Prada Group, Miuccia Prada and Lorenzo Bertelli, at the end of last year. The Wertheimer family proposes around 6 billion euros. In response to the news, Lorenzo Bertelli said that it was "a rumor" and expressed his stance on the unannounced Prada Group's 2023 financial results, "expecting a positive result." ”
It is worth noting that in October last year, Prada Group announced its results for the first three quarters ended September 30, 2023, with sales increasing by 16% year-on-year8% to 334.3 billion euros, of which sales increased by 10 percent in the third quarter4% to 11100 million euros, which did not meet market expectations.
In terms of markets, in the first three quarters, except for the US market, the Prada Group recorded double-digit growth in all major markets around the world. Among them, China's Asia-Pacific market contributed the most, accounting for 35% of sales; Japan was a strong market with a 46% increase in sales7%。In addition, the sales of the group's brand Miu Miu increased by 49% year-on-year in the first three quarters5%, but the main brand Prada did not perform well, and sales growth slowed to 53%, and sales in the first three quarters increased by 13% year-on-year.
Edited by Li Zheng.
Proofread by Wang Xin.