Citi released a research report saying that Prada's sales for the third quarter were in line with market expectations, and the bank maintained a “neutral” rating, with a target price of HK$39.9. Prada Group's sales for the third quarter recorded 1.49 billion euros, in line with market expectations; after excluding Versace, endogenous growth was 1% based on a fixed exchange rate, an increase of 7% compared to the previous quarter, while market expectations remained flat. Among them, Prada retail increased 1%, in line with market expectations, and same-store sales remained roughly the same; Miu Miu retail fell 3%, up 1% from market expectations, but remained flat after excluding the Middle East; and the wholesale business rose 12%. The bank pointed out that the market reaction was strong after the release of the Miu Miu Spring/Summer 2027 series, while Versace plans to increase investment or limit the room for losses to narrow in 2027.

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