Prada plans for a Hong Kong based IPO soon


Prada is a one of the few fashion houses that has slipped out of the bagclutchfragrancessandal routine to the cellphones and other luxury items with élan and ease. And owing to its solid branding and loyal customer base, the Italian luxury house will be filing its listing application with Hong Kong regulators on Friday, as per a reports in Reuters on Wednesday. High placed sources on anonymity conditions, told Reuters that Prada plans to list in Hong Kong at the end of June.
[Reuters]

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