Ge Long Hui·2025-10-23 12:20Group 1 - Prada Group reported a net revenue of €4.07 billion for the nine months ending September 30, 2025, representing an 8.9% increase compared to the same period in 2024. Currency fluctuations reduced growth by 2.6%, resulting in a reported growth of 6.3% [1] - Retail sales net revenue increased by 9.3% during the period, driven by year-on-year and full-price sales, with all regions showing growth. As of September 30, 2025, retail sales net revenue accounted for 89.6% of total net revenue [1] - Wholesale channel sales increased by 4.4% compared to 2024, primarily driven by the duty-free channel, aligning with the group's ongoing selective strategy towards independent wholesalers [1] Group 2 - Licensing income increased by 11.4% compared to 2024, driven by contributions from eyewear and cosmetics [1] - Retail sales net revenue in the Asia-Pacific region achieved double-digit growth (+10.4%), with improved trends in mainland China during the quarter [1] - Retail sales net revenue in Europe showed strong performance (+6.3%), remaining stable from the second quarter, with local demand continuing to improve despite a weakening tourism sector [1] Group 3 - Retail sales net revenue in the Americas increased by 14.8%, with accelerating growth in the third quarter, indicating good progress [1] - In Japan, retail sales net revenue increased by 2.6% due to robust local demand and growth in tourism, showing improvement in the third quarter [2] - The Middle East's retail sales net revenue demonstrated steady performance (+21.1%), recording moderate growth in the third quarter compared to a high base [2]