Retail in Asia

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With 75 new store openings in 2012, Miu Miu reports 30pc sales growth

Prada Groups MIU MIU brand has recently reported a 30.8 percent increase in its sales for the first quarter of 2012, reaching a total of EUR107.3 million (USD131.75m) in sales.

Donatello Galli, Prada Groups Administration and Finance Director has confirmed that Prada Group is well on track with its projected sales total of EUR700 million to 800 million in 2012/2013.

This year, Miu Miu opened 70 new stores worldwide.