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Miuccia Prada delivered an unflinching defense Thursday of her creative leadership of the flagging luxury giant that bears her name, saying her work is more important than sales. Her Spring/Summer 2018 collection had just gone down the catwalk at Milan Fashion Week, when the billionaire businesswoman and designer reacted to the lackluster sales that have dogged Prada.Still, Prada hit the catwalk with a fighting spirit, showing a collection adorned with the studs made famous by punk rockers' black leather jackets.The idea behind the collection was a blank slate, and Prada said nearly all of the dresses began white and were subsequently printed over with colors.There was not a dour trace in the collection, which comes just over three months after the death of Carla Fendi.Lagerfeld, who has designed collections for the house for over 50 years, has often been referred to as the sixth Fendi sibling.Bottom-line net profit grew by 11 percent to 3.98 billion euros ($4.76 billion) and revenues were up 5 percent at 37.6 billion euros.
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