MILAN — Prada may have found an alternative to bring down its debt: Sell off real estate.
Contemplating its future after postponing its initial public offering for the third time, a company spokeswoman said Prada is studying a "variety of opportunities," including a possible real estate spinoff and a bond guaranteed by those assets.
Hermès is launching a Laundromat pop-up shop in NYC - dubbed Hermèsmatic - where customers can bring their old scarves to be dip-dyed by an expert. Get all the details on WWD.com. #wwdnews (📷: @donstahl)