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The main brand Prada reported a 1.7% increase in retail sales in the three-month period, slowing down compared to the previous quarter. "For sure, China has been the main detractor," Guerra said.

Strong retail sales in all geographic areas, including Asia Pacific, and the gravity-defying gains at Miu Miu, which soared 97 percent in the period, contributed to a 15 percent increase to 3.83 ...