MILAN — Prada SpA seems to be on track for an initial public offering by July.
The luxury goods brand had earlier indicated it wanted to list its shares on the Hong Kong Stock Exchange, and analysts believed it would be in the first half in an IPO that could value the company at up to $9.5 billion. According to sources, the Italian luxury goods house has filed documents with the Hong Kong exchange with the goal of listing a 20 percent stake. A Prada spokesman declined to comment Thursday.
Issa Rae stopped by WWD's NYC headquarters to talk about season two of "Insecure," which premieres this Sunday on HBO. Click link in bio for all the details. #wwdeye (📷: @jgreenery; Styled by @mayteallende)
A Stella McCartney sketch of a custom dress made from protein-based silk in partnership with biotech lab Bolt Threads. The dress will be displayed at The Museum of Modern Art's upcoming design exhibition, "Items: Is Fashion Modern?"