H1 2026 (to June) · Year-to-Date
Converted from EUR at this period's average rate. The change is as the company reported it, in EUR.
Japan+6.0%Reported (actual-FX) growth; constant-currency Japan growth was 6% with 2% organic.
The Prada and Miu Miu owner grew first-half net revenue 5% organically (16% at constant currency once newly-consolidated Versace, which added €305mn, is counted; +11% as reported). EBIT Adjusted margin held steady on an organic basis but fell to 17.4% including Versace and a weaker euro, and net income slipped to €327mn. Japan turned positive — retail sales there rose 6% at constant currency (2% organic) on firmer local spending and returning travellers, even as a weaker yen cut the euro-reported figure by 7%.