--FILE--Customers queue up in front of a Prada store at the Shilla Duty Free Shop in Seoul, South Korea, 7 July 2013.
Prada, Italys luxury goods powerhouse, said global sales were softer in the first weeks of September, and that it would push ahead with store openings after first-half profits missed expectations following a slowdown in sales in China. First-half net income at the Hong Kong-listed company rose 7.6 per cent year on year to €302.2m, less than analyst estimates of €321m, according to a Reuters poll. Net sales, which the group reported in June, rose 11.7 per cent to €1.73bn during the period, slowing from a rise of about a third in the same period a year before. Sales in Asia-Pacific excluding Japan rose 12 per cent year on year in the second quarter, slowing from the first quarter. Asia-Pacific, excluding Japan, accounts for 37 per cent of Pradas sales.