In Q2, organic revenues accelerated to 7%. For the second half of the year, Prada’s retail sales were up 3.3%, while Q2 sales were up 6.3%. Miu Miu was up 2.5% in the first half of the year, and up 2.6% in the second quarter, in line with the normalization seen in Q1. “Miu Miu had to normalize,” he said, referencing the 40% comparison basis from Q2 2025. Europe was down 4% on an organic basis in H1, including a 2% dip in Q2, as both tourist spending and local demand began to recover.