By  on December 20, 2007

MILAN — After flirting with the stock market for the last seven years, Prada SpA said Wednesday that it is set to launch an initial public offering in 2008.

Depending on market conditions, a spokesman for the Italian luxury goods group said the listing on the Milan Stock Exchange is planned for next year, but there had been no decision on how much of the company would be floated. A source close to the deal suggested the move would likely be made in the second half, and that a 30 to 40 percent chunk would go public.

To Read the Full Article

Tap into our Global Network

Of Industry Leaders and Designers

load comments
blog comments powered by Disqus