Prada sees growth ahead as new products, strategy pull it out of 'grey area'

Learning from past mistakes is paying off at Italian luxury goods maker Prada , which said on Friday it would return to grow this year after stemming a sales slide in the second half of 2017.The company had previously expected to return to sales and profit growth last year but in September it said the turnaround would take longer than expected as it was still in the throes of renovating its retail network, focusing on digital marketing and sales and refreshing its products.