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.
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?"