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Prada Out-Styled by Gucci, Dior in Returns to Investors

Prada SpA, which is scheduled to report results Friday, has delivered lower returns to investors this year than its largest luxury-goods rivals amid declining revenue and margins. Shares of the Hong Kong-traded Italian fashion house gained 5 percent in 2017, well below a Bloomberg gauge of apparel, shoe and leather-goods companies that includes Gucci owner Kering and Christian Dior SE. Prada is forecast by analysts to report a six-month net profit of 143 million euros ($171 million) on revenue of 1.53 billion euros, both figures little changed from a year earlier.

    Read more: http://www.bloomberg.com/

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