in the past 10 years, Prada company had tried four times to IPO,mac makeup wholesale, but due to various factors, these attempts have ultimately failed. Two sources, in addition to Milan, Italy, the Prada is also considering the possibility of listing in Hong Kong. It is reported that Prada has yet to hire any investment banks for the operation of IPO trading, and its discussions do not necessarily make a decision eventually led IPO.
as the world economy out of recession, Prada's debt levels have been effectively reduced, while the company is also active in the Asian market to open new stores, the greatest potential to compete for market share. This year in May, perfume giant L'Occitane International SA has just been completed in the Asian market IPO. Asian markets as investors expected the economy to grow faster than other parts of the world, so the demand for IPO in the region than other regions.
Italian Brown, vice president of consulting firm InterCorporate Cheeney (Armando Branchini), said: has been performing well. Prada's performance in the first quarter of this year, a strong rebound,vibram 5 fingers, and this trend is likely to continue during the year in 2010,mac makeup, so for Prada, the Now is a good time to IPO financing.
the above message, Prada, a company spokesman said the company will continue to carefully observe the market conditions. However, the spokesman declined to make a more detailed explanation. One source noted that although the Prada will be the fastest this year for IPO,mac brushes, but to wait for further stock market recovery, Prada IPO company time should be more reasonable in 2011.
At the same time, Prada performance of the company's continued growth will also provide a good basis for its IPO. Prada the company announced on May 24 the latest financial results, its first quarter fiscal 2010 income tax, profit before depreciation and amortization increased sharply to 6400 million euros (78.5 million U.S. dollars), while fiscal 2009 This figure is only a year earlier to 11 million euros. In addition, the current Prada company grew revenue 26% to 366 million euros, of which, from the Asia-Pacific revenues increased significantly by 62% year on year.
Prada company had planned for 2008 IPO, but the outbreak of the financial crisis the stock market situation worsened, and Prada, the company abandoned the plan. At the time, Prada company had hired a joint credit, Goldman Sachs Group and Bank of Italy United Sao Paulo for its IPO, three investment banks operate.
Prada company was founded in 1913, founder Mario - Prada (Mario Prada) is currently the company's chief designer Miuccia - Prada (Miuccia Prada) grandfather.
(This article Source: NetEase of: Cheng Zhi)
