Prada will go public

 Prada will go public

This week the Hong Kong Stock Exchange confirmed our expectations regarding their plans to go public. After a year of huge sales the brand plans to sell a 20% stake in the company which will also include Miu Miu and Church’s. According to Wall Street Journal the company could raise up to $2bn during its IPO. Currently the company Miuccia Prada and her family own a 95% stake.

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