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Luxury brands fashion good results as demand surges to pre-Covid levels

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Prada, Richemont and Burberry are among brands raking in dosh as cooped-up consumers spoil themselves

Prada sales bounced back sharply in 2021, while Richemont had its fastest holiday-season sales growth in at least a decade and Burberry forecast 35% earnings growth this year as pent-up demand for luxury handbags and clothes helped push revenues above pre-pandemic levels.This article is reserved for Sunday Times subscribers.Already subscribed? Simply sign in below.

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