financial
financial

Prada Denies Report on IPO Date

Prada SpA denied a newspaper report Thursday that it had set a date for its proposed initial public offering.

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financial/news
However, slumping luxury stocks and concerns over consumer spending in the U.S. and Europe may force Prada to reconsider once again.

Bulgari SpA has shed 34 percent of its market value in the last six months, closing at 7.79 euros, or $11.52, on Thursday.

Aeffe SpA and Damiani SpA, which listed on the Milan Stock Exchange STAR segment for small companies in July and November respectively, are trading at a fraction of their initial IPO prices.
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