HK Stock Market Move | PRADA (01913) rose more than 4%. Retail sales in the third quarter roughly met market expectations. The core brand's Chinese market improved month-on-month.

PRADA (01913) rose more than 4% in early trading, up 4% to HKD 51.25 by the time of publication, with a turnover of HKD 602.55 million. In terms of news, PRADA recently released its third quarter performance for 2025. According to Lyon, PRADA's retail sales in the third quarter of this year roughly met market expectations, with a year-on-year growth of 7.6% calculated at fixed exchange rates; Retail sales for the Prada and Miu Miu brands also roughly met market expectations, with year-on-year declines of 0.8% and 29% respectively. Looking at the two-year comparison, the performance of both brands in the quarter was stable, including a 1% year-on-year growth for the Prada core brand in the second and third quarter of this year, and a 136% and 134% year-on-year growth for Miu Miu. Lyon stated that, in terms of the Prada core brand, although the Chinese market is still in negative growth, there has been a month-on-month improvement in the third quarter. The Americas, Europe, and Japan markets all achieved positive growth, showing improvement month-on-month driven by strong local demand and slightly improved tourism demand. The PRADA management team believes that the worst time in China is over. Looking ahead, sales have continued to improve since October, but the management team pointed out that the fourth quarter will be challenging, and the last six weeks will be crucial.