Prada Group

Global luxury groups · 1913.HK

The Japan read

From the company's own filing for H1 2026 (to June) · reported 2026-07-30 · the filing

+6.0%Japan salesPrada's own-store sales, excluding currency swings and now including Versace. Without Versace: up 2%. In euros: down 7%.

JapanJapan retail sales turned positive: +2% organic and +6% at constant currency including Versace, with Q2 improving on solid local consumption and more demand from travellers.
Not disclosedPrada splits only retail sales by region, not wholesale or royalties; Japan was about 11% of retail sales (€288m of €2,633m, floortok's arithmetic).

Other callouts in the filing

BasisIn euros, Japan retail sales fell 7% to €288m from €310m, as the weaker yen more than wiped out the constant-currency gain.
BasisNewly consolidated Versace added €305m of net revenues, which explains the gap between constant-currency and organic growth; Japan's +6% and +2% carry the same split.
SegmentBoth core brands named Japan among their firmer markets: Prada retail rose 3.3% (Q2 +6.3%) on like-for-like full-price sales, and Miu Miu (+2.5%) stayed robust in Japan despite tough comparisons.

floortok's reading of the filing, in our own words. Figures are the company's own; where a growth rate is our arithmetic, it says so.

Show figures in

floortok holds 2 reported periods for this company.

H1 2026 (to June) · Year-to-Date

Reported 2026-07-30

Net revenues€3.0bn+11.0%

EBIT Adjusted€0.5bn−14.0%

Net income€0.3bn−15.0%

Japan+6.0%Prada's own-store sales, excluding currency swings and now including Versace. Without Versace: up 2%. In euros: down 7%.

The Prada and Miu Miu owner grew first-half net revenue 5% organically (16% at constant currency once newly-consolidated Versace, which added €305mn, is counted; +11% as reported). EBIT Adjusted margin held steady on an organic basis but fell to 17.4% including Versace and a weaker euro, and net income slipped to €327mn. Japan turned positive — retail sales there rose 6% at constant currency (2% organic) on firmer local spending and returning travellers, even as the weaker yen left the euro-reported figure down 7%.

Q1 2026 · revenue only · Year-to-Date

Reported 2026-04-30revenue only

Revenue€1.4bn+6.0%

Operating profit——

Net income——

The Prada and Miu Miu owner opened 2026 with first-quarter net revenue up 14% at constant currency (+3% organic, excluding newly acquired Versace). In Japan local demand held firm — retail sales rose 1% at constant currency, though yen weakness cut the reported figure. Half-year profit figures were due 30 July 2026.

JapanLocal demand in Japan held firm: retail sales rose 1% at constant currency, though yen weakness cut the reported figure.
BasisGroup growth of 14% at constant currency includes newly acquired Versace; excluding it, organic growth was 3%.