Luxury
Prada Loses $864 Million in Value as China Slump Hits Profit
Prada SpA shares fell to the lowest close since 2016 as slower Chinese spending contributed to an unexpected drop in the Italian fashion house’s annual profit. The Hong Kong-listed luxury group attributed a slump in Asia mostly to Chinese tourists reining in spending in Hong Kong and Macau because of…
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Click here to read the full story: Yahoo Finance