Gelonghui April 26| Jeffery publishes research reportTiger'sRichesRun, Prada performed strongly in the first quarterTiger'sRichesRun, indicating that despite unstable demand in the luxury goods industry, the performance gap between winners and laggards is growing. The group's brand Miu Miu continues to drive growth, and investors are expected to be happy that the strong growth trend can continue into the second quarter. However, Jefferies warned that it is unclear whether Prada's strong performance can represent the latest developments in the wider industry. It maintains a "hold" rating on the company and raises its target price from HK$58 to HK$64.