Prada Looking at Dual Listing but Not M&A

A model walks the runway of Prada fashion show during the Milan Fashion Week Womenswear Spring/Summer 2024 on September 21, 2023 in Milan. (Photo by Marco BERTORELLO / AFP)

Asharq Al Awsat

11:43-23 October 2023 AD ـ 08 Rabi’ Al-Thani 1445 AH

Asharq Al Awsat

11:43-23 October 2023 AD ـ 08 Rabi’ Al-Thani 1445 AH

Prada Looking at Dual Listing but Not M&A

A model walks the runway of Prada fashion show during the Milan Fashion Week Womenswear Spring/Summer 2024 on September 21, 2023 in Milan. (Photo by Marco BERTORELLO / AFP)

Hong Kong-listed Prada is looking at a dual listing on the Milan bourse, though it is not the Italian fashion group's priority, the Chief Executive said on Monday.
A dual listing in Europe would help Prada widen its investor base, as some investment funds can only put money in European or US stocks, Reuters said.
Andrea Guerra added that Prada had no need for M&A deals in the next 3-5 years, but would carry on with organic growth, "to have the role that belongs to us", speaking at a fashion conference

LVMH Brand Loewe Announces Departure of Creative Director Jonathan Anderson

LVMH label Loewe said on Monday that creative director Jonathan Anderson was leaving the Spanish luxury house after 11 years. (Reuters)

10:29-17 March 2025 AD ـ 17 Ramadan 1446 AH

LVMH Brand Loewe Announces Departure of Creative Director Jonathan Anderson

LVMH label Loewe said on Monday that creative director Jonathan Anderson was leaving the Spanish luxury house after 11 years. (Reuters)

LVMH label Loewe said on Monday that creative director Jonathan Anderson was leaving the Spanish luxury house after 11 years in the role.

Its statement did not say who was taking over from the British designer or where he was going, though some media outlets, including Women's Wear Daily, have reported that he is moving to LVMH's Dior.

LVMH declined to comment.

The Loewe brand has experienced "exceptional growth" under Anderson's direction, the statement said.

His move is one of several recent designer changes across major brands in a luxury sector generally experiencing slowing growth.

Prada Looking at Dual Listing but Not M&A

Prada Looking at Dual Listing but Not M&A

Most Viewed

LVMH Brand Loewe Announces Departure of Creative Director Jonathan Anderson

LVMH Brand Loewe Announces Departure of Creative Director Jonathan Anderson

لم تشترك بعد