Bloomberg News

'Buy' Prada, Analyst Sees 20% Sales Growth in 2012

March 29, 2012

Aaron Fischer, head of Asia consumer and gaming research at CLSA Ltd. in Hong Kong, talks about the outlook for luxury goods retailers.

Prada SpA, an Italian maker of $2,950 perforated patent-leather handbags, reported fiscal 2011 profit that beat analysts’ estimates and proposed paying the first dividend since last year’s initial public offering. Fischer speaks with Susan Li on Bloomberg Television's "First Up." (Source: Bloomberg)

Running time 03:36

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