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Email this article: Prada to add 260 shops in 3 years on demand from BRICs, Middle East
Posted: Thu May 24, 2012 8:29 pm
INTERNATIONAL. "We are expanding in Morocco, Istanbul, Beirut, Dubai and Qatar. Brazil is also a big market we're looking at," Chief Executive Officer Patrizio Bertelli said.
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UAE. Private wealth in the UAE is projected to post a compound annual growth rate of 14.1% to reach almost $1 trillion in 2020; over the next five years, private wealth held by ultra-high-net-worth households in the Emirates is also expected to increase by a staggering 20%.
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