The Italian power houses go public: Prada stays safe and Ferragamo quietly triumphs

The Italian power houses go public: Prada stays safe and Ferragamo quietly triumphs

Posted by in Fashionable fianance, News

Over the last fortnight, two of the Italian fashion industry’s brightest stars made their debut on a public stock exchange. Prada SpA floated 16.5% of their equity on the Hong Kong Stock Exchange and Borsa Italiana accommodated the initial public offering of Salvatore Ferragamo SpA, which sold 22.7% of their shareholdings. A few...

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Oriental Express: Why is Prada and the luxury industry looking to the East?

Oriental Express: Why is Prada and the luxury industry looking to the East?

Posted by in Designers, Fashionable fianance, Special

On June 24th 2011, Italian fashion house Prada will make its debut on the Hong Kong Stock Exchange (HKEx). This comes a decade after the fashion house first attempted an initial public offering (IPO), which at the time was destined to be on Bourse Italia – the stock exchange of Prada’s native Milan. The event will also mark an...

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