The Prada Group announced its financial results for fiscal year 2012 on April 5th. The group opened 78 new directly-operated stores last year, bringing the total to 461 as of January 31st, 2013. It also expanded its business by renovating and expanding existing stores. Sales exceeded 3.2 billion euros (approximately 410 billion yen), a significant increase of 29% over the previous year. Net profit increased 44.9% to 620 million euros (approximately 80 billion yen). This figure represents 19% of total sales, a 35.6% increase over the previous year. This was due to the performance of both new and existing directly-operated stores. Asia saw the greatest growth, with sales increasing 32.9% over the previous year. Europe increased 28.6%, the United States increased 23.3%, and Japan increased 14.2%. Business in the Middle East is also expanding, with 11 directly operated stores having opened in the past two years.

By division, revenue growth in leather goods was 42.7%, apparel 9.9%, and footwear 11.7%.

"We will continue to expand our retail business," said Patrizio Bertelli, Group Chief Executive Officer.