217 million euros is today's daily digit in Europe - the quarterly net profit for luxury brand Prada. Strong growth in Asia helped beat forecasts and strengthen its position in the luxury market where it competes with Louis Vuitton and Gucci. Sales in recession-hit Europe still managed to grow but at a slower pace than Asia, which accounts for more than a third of its business. Richard Hunter is from Hargreaves Lansdown.moreless
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