Prada : 09/10/2015 Interim Financial Report 2015

October 09, 2015 at 06:46 am EDT

e44111b887d848b8facdf0.pdf

PRA DA ‌‌‌‌‌ MILANO

DAL 1913

Interim Financial Report 2015

PRADA spa

(Hong Kong Stock code: 1913}

Interim Financial Report 2015 Index

The PRADA Group 3

Financial Review 9

Corporate Governance 25

Interim condensed consolidated financial statements 35

Notes to the Interim condensed consolidated financial statements 41

Patrizio Bertelli

Miuccia Prada

The PRADA Group Corporate Information

Registered office Via A. Fogazzaro, 28 20135 Milan, Italy

Head Office Via A. Fogazzaro, 28 20135 Milan, Italy

Place of business in Hong Kong 36/F, Gloucester Tower registered under Part 16 of the The Landmark, 11 Pedder Street Hong Kong Companies Ordinance Central, Hong Kong

Company website www.pradagroup.com

Hong Kong Stock Exchange 1913 Identification Number

Board of Directors Carlo Mazzi (Chairman)

Miuccia Prada Bianchi (Chief Executive Officer)

Patrizio Bertelli

(Chief Executive Officer) Donatello Galli (Executive Director) Alessandra Cozzani (Executive Director)

Gaetano Micciché

(Non-Executive Director)

Gian Franco Oliviero Mattei (Independent Non-Executive Director)

Giancarlo Forestieri

(Independent Non-Executive Director)

Sing Cheong Liu

(Independent Non-Executive Director)

Audit Committee Gian Franco Oliviero Mattei (Chairman) Giancarlo Forestieri

Sing Cheong Liu

Remuneration Committee Gian Franco Oliviero Mattei (Chairman)

Carlo Mazzi Giancarlo Forestieri

Nomination Committee Gian Franco Oliviero Mattei (Chairman)

Carlo Mazzi Sing Cheong Liu

Board of Statutory Auditors Antonino Parisi (Chairman)

Roberto Spada (Standing member) David Terracina (Standing member)

Supervisory Board David Terracina (Chairman)

(Leg. Decr. 231/2001) Gian Franco Oliviero Mattei Franco Bertoli

Main Shareholder PRADA Holding S.p.A. Via A. Fogazzaro, 28 20135 Milan, Italy

Joint Company Secretaries Patrizia Albano

Via A. Fogazzaro, 28 20135 Milan, Italy

Ying-Kwai Yuen (Fellow member, HKICS) 36/F, Gloucester Tower

The Landmark, 11 Pedder Street Central, Hong Kong

Authorized Representatives Carlo Mazzi

in Hong Kong Via A. Fogazzaro, 28 20135 Milan, Italy

Ying-Kwai Yuen (Fellow member, HKICS) 36/F, Gloucester Tower

The Landmark, 11 Pedder Street Central, Hong Kong

Alternate Authorized Sing Cheong Liu Representative to Carlo Mazzi House 7 Severn Hill in Hong Kong 4 Severn Road

The Peak Hong Kong

Hong Kong Share Registrar Computershare Hong Kong Investor

Services Limited Shops 1712-1716

17th Floor, Hopewell Centre 183 Queen's Road East Wanchai, Hong Kong

Auditor Deloitte & Touche S.p.A. Via Tortona, 25

20144 Milan, Italy

PRADA Group Structure

PRADA spa

Milan

Holding/Manufacturing/distribution/services

66.7%

Artisans Shoes srl Montegranaro Production

PRADA Hong Kong PD ltd

Hong Kong

services

100%

PRADA USA Corp

New York

distribution/services/retail

PRADA Canada Corp Toronto distribution/retail

100%

PRADA Far East bv

Amsterdam

sub-Holding/outlet/retail

100%

Pellettieri d'Italia srl

Milan

Production

PRADA Dongguan Trading Co ltd Dongguan services

100%

PRADA Australia pty ltd

Sydney



55%	TRS Hawaii Ilc Honolulu dfs
	TRS Hawaii Ilc Honolulu dfs

55%	TRS Guam Partnership Guam dfs
	TRS Guam Partnership Guam dfs

100%	PRADA Retail Mexico S. de R.L. de C.V. Mexico City retail
	PRADA Retail Mexico S. de R.L. de C.V. Mexico City retail

retail

100%

IPI Logistica srl Milan services

Post Developement Corp 100%

San Francisco

real estate

100%

PRADA Korea ltd Seoul retail

49%

PAC srl in liquidazione

Milan

(in liquidation)

Church Holding UK ltd

Northampton

Holding

100%

100% PRADA Singapore pte ltd

Singapore

retail

60%

Tannerie Limonges sas

Isle

Production

100%

Church & Co ltd Northampton Manufacturing/ distribution/services

100%

55%

PRADA Retail Malaysia sdn bhd Kuala Lumpur retail

PRADA Japan Co ltd

Tokyo

retail

Travel Retail Shops Okinawa kk

Tokyo

dfs

100%

Church's English Shoes Switzerland sa

Lugano

retail

Church & Co (USA) ltd

New York

retail

100%

TRS Saipan Partnership

Saipan

dfs

55%

100% PRADA (Thailand) Co ltd

Bangkok

retail

100% Church Japan Company ltd

Tokyo

retail

Church UK Retail ltd

Northampton

retail

100%

TRS Hong Kong ltd

Hong Kong

dfs

55%

100% PRADA New Zealand ltd

Wellington

retail

100%

Church Hong Kong Retail ltd

Hong Kong

retail

Church's English Shoes sa 100%

Brussels

retail

Macau Branch Macau dfs

100% PRADA Sweden ab

Stockholm

retail

100% Church & Co (Footwear) ltd

Northampton

tradeMarks

Church France sas

Paris

retail

100%

TRS New Zealand ltd

Wellington

dfs

55%

100% Kenon ltd

London

real estate

100% Church Singapore pte ltd

Singapore

retail

Church Italia srl

Milan

distribution/retail/services

100%

TRS Singapore pte ltd

Singapore

dfs

55%

100%

PRADA India Fashion Private ltd Mumbai dorMant

100%

Church Netherlands bv Amsterdam outlet/retail

Church Spain sl Madrid retail

100%

PRADA Trading (Shanghai) Co ltd Shanghai dorMant

100%

PRADA Fashion Commerce (Shanghai) Co ltd Shanghai

retail

100%

PRADA Macau Co ltd

Macau

retail

PRADA Asia Pacific ltd Hong Kong distribution/retail/services

100%

100% PRADA Vietnam Limited

Liability Company

Hanoi

retail

100%

Church Footwear ab

Stockholm

retail

Church Ireland Retail ltd 100%

Dublin

retail

Macau Branch Macau retail

100% PT Prada Indonesia

Jakarta

distribution

100%

Church Denmark aps

Copenhagen

retail

Church Austria gmbh

Vienna

retail

Church Footwear (Shanghai) Co ltd Shanghai

retail

100%

PRADA Taiwan ltd Hong Kong services

Taipei Branch Taipei retail

100%

PRADA Hellas Sole Partner llc Athens

retail

100%

100%
	PRADA Monte-Carlo sam Monaco retail
100%

	PRADA Austria gmbh Vienna retail


100%	PRADA Spain sl Madrid retail


100%	PRADA Germany gmbh
Munich retail/services
100%	PRADA Retail UK ltd London retail Ireland Branch Dublin retail
100%
	PRADA Retail France sas Paris retail

PRADA Stores srl Milan retail/services

80% Marchesi Angelo srl

Milan

confectionery

100%

PRADA sa

Luxembourg

tradeMark

100% PRADA Czech Republic sro

Prague

retail

10%

Swiss Branch Lugano services

100%

60%

PRADA Portugal Unipessoal lda Lisbon

retail

PRADA Rus llc Moscow retail

PRADA Bosphorus Deri Mamüller ltd Sirketi Istanbul

retail


PRADA Emirates llc Dubai retail


PRADA Kuwait wll Kuwait City retail

PRADA Middle East fzco Jebel Ali Free Zone-Dubai distribution/services

90%

Montenapoleone 9 srl

Milan

services

100%

PRADA Company sa Luxembourg services

49%

100%

PRADA Brasil Importação e Comércio de Artigos de Luxo ltda São Paulo

retail

PRADA Ukraine llc

Kiev

retail

100% PRADA Kazakhstan llp

Almaty

retail

100%

PRADA Maroc (Sarlau)

Casablanca

retail

Maroc Branch Marrakech retail

100%

PRADA Retail South Africa (pty) ltd

Sandton

retail

100%

PRADA Retail spc

Doha

retail

75%

PRADA Saudi Arabia ltd

Jeddah

retail

100%

PRADA Switzerland sa

Lugano

retail

PRM Services

S. de R.L. de C.V.

Mexico City

services

100%

PRADA Panama sa

Panama

retail

100%

PRADA Retail Aruba nv

Aruba

retail

100% PRADA Denmark aps

Copenhagen

retail

distributed by

	1st Jan change	Capi.
PRADA S.P.A.	+41.88%	20.15B
RATTI S.P.A.	-25.19%	57.13M

1st Jan change

Capi.

PRADA S.P.A.

+41.88%

20.15B

RATTI S.P.A.

-25.19%

57.13M

Market Closed - Hong Kong S.E. Other stock markets 04:08:20 2024-04-26 am EDT			5-day change	1st Jan Change
63.35 ^HKD	+2.76%		+9.13%	+41.88%

Apr. 25	Hermes Posts Sales Growth Across All Markets -- 2nd Update	DJ
Apr. 25	Jefferies Adjusts Prada’s Price Target to HK$64 From HK$58, Keeps at Hold	MT

Hermes Posts Sales Growth Across All Markets -- 2nd Update	Apr. 25	DJ
Jefferies Adjusts Prada’s Price Target to HK$64 From HK$58, Keeps at Hold	Apr. 25	MT
Prada Logs 11.5% Growth in Q1 Net Revenue	Apr. 25	MT
Hermes Posts Sales Growth Across All Markets -- Update	Apr. 25	DJ
Consumer Cos Climb on Earnings Optimism -- Consumer Roundup	Apr. 24	DJ
News Highlights : Top Company News of the Day - Wednesday at 1 PM ET	Apr. 24	DJ
Luxury sector outlook clouded by China's slow recovery	Apr. 24	RE
News Highlights : Top Company News of the Day - Wednesday at 11 AM ET	Apr. 24	DJ
News Highlights : Top Company News of the Day - Wednesday at 9 AM ET	Apr. 24	DJ
Prada S.p.A. Announces Board and Committee Changes	Apr. 24	CI
Prada S.p.A. Approves Final Dividend for the Year Ended December 31, 2023, Payable on May 17, 2024	Apr. 24	CI
Transcript : Prada S.p.A., Q1 2024 Sales/ Trading Statement Call, Apr 24, 2024	Apr. 24
PRADA : Strong brand desirability	Apr. 17
DHL Group Helps Prada Cut Emissions by Using Sustainable Aviation Fuel	Apr. 11	MT
China uncertainty clouds outlook for luxury sector	Apr. 09	RE
Hong Kong-listed Samsonite plans dual listing in hunt for investors	Mar. 21	RE
Luxury Stocks Fall After Gucci Owner Kering Warns of Sales Drop -- Update	Mar. 20	DJ
48 HOURS: Crowdsourcing creativity in Paris with Kickstarter CEO Taylor	Mar. 12	RE
Consumer Cos Down After Mixed Jobs Data -- Consumer Roundup	Mar. 08	DJ
News Highlights : Top Company News of the Day - Friday at 3 PM ET	Mar. 08	DJ
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News Highlights : Top Company News of the Day - Friday at 9 AM ET	Mar. 08	DJ
Prada's Net Income Rises 14%; EPS, Revenue Top Estimates; Shares Surge 15%	Mar. 08	MT
PRADA : Unshakeable brand heat	Mar. 08

Prada S.p.A.

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1913

IT0003874101

Apparel & Accessories

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