Fab Flash: Prada to (Finally) Go Public in 2008

December 19, 2007

There's a new hot piece of Prada to own: Prada stock. Although Prada has made efforts to go public five times since 2001, CEO Patrizio Bertelli is saying 2008 is the year. "We are heading toward a new era in the company's history, with solid development potential on the basis of strong momentum already shown by our results in the first semester of 2007."

The company has approved plans for an initial public offering on the Milan stock market sometime next year, to be overseen by Intesa Sanpaolo, UniCredit, and Goldman Sachs. Savvy girls, get ready!

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17 Comments

PrincessTracy 5 years 21 weeks

Hhhhmmmm....wonder what the IPO will be.

umichgirl 5 years 22 weeks

That coat is amazing. Is it sold anywhere? Does anyone know?

thatsmajor 5 years 22 weeks

I want that coat!!!!!!!!!! GORGEOUS!!!!!!!!!!!!!!

AMONTOYA86 5 years 22 weeks

LUV THE COAT.. BROWN IS MY FAV COLOR!!

moemarsita 5 years 22 weeks

I wonder how the stock will do. This would definitely make watching stocks more interesting. Maybe they should add pictures of the collections to help in that regard!