Prada in the Red » Manolo's Prada Blog!

Prada in the Red

By Manolo

Manolo says, the business of the Prada, as hard as it may be to believe, lost the money last year!

t was revealed today that the Italian fashion house, famous for its iconic and prohibitively expensive handbags, made a loss of nearly 1 million in Britain in 2003, the latest year for which accounts are available.

Prada also suffered falling sales for the second year running despite critical acclaim for its latest collections. Turnover for the year slipped from 24.4 million to 23.5 million.

Manolo says, the Manolo he is not worried. The Miuccia she has been designing beautiful things to fill those very expensive stores in Manhattand and Tokyo and London. Please to remain calm. Everything it will be fine.

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