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From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our latest documentary, 'The A Word', which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging.
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Your support makes all the difference.Weaker demand for Prada handbags and clothes in Europe, helped the Hong Kong listed Italian fashion house miss analyst forecasts.
It reported a less than 1% rise in 2013 full-year profit for the year to February of €627.8 million, below analyst expectations of more than €650 million. The group, which also owns labels’ Miu Miu and Church's Shoes, reported a slowdown in its fourth quarter, with sales for the year up 8.8% to €3.59 billion.
Asia-Pacific sales, boosted by China, outperformed the growth in Europe. Asia is Prada’s biggest market where it reported sales up 11.4% better while sales in Greater China jumped 12.3%.
In contrast Europe recorded just a 5% rise.
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