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Prada Finally Catches China Luxury Wave in Return to Growth

Prada SpA returned to growth in the first six months of the year as a turnaround push began to bear fruit after three years of sliding sales. Retail sales rose 9.7% at constant exchange rates, pushing revenue to 1.54 billion euros ($1.8 billion), the Milan-based maker of nylon rucksacks and block-heeled loafers said Wednesday. Analysts…

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