Friday, 4 June 2010

Prada Claims IPO Rumours Are Unsubstantiated - 4/06/10

Following on from our earlier story, we have just received news from Prada that these claims are based on information from "inaccurately informed sources". Prada reiterates that the IPO procedure has never been discarded, but “purely put on hold waiting for more favourable and stable financial market conditions”. We will bring you more details as they appear.

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Melinda O’Rourke is the founder and Director of MO Luxury, a dynamic, Sydney-based management firm specialising in luxury brands and services. Melinda and her associates at MO work with local and international brands across prestige retail, fashion, fine jewellery, timepieces and specialised services. Melinda is well-connected, well-read, and well-versed in the demands of the luxury market and its client base. Her advice is firmly based in objectivity and ultimately, accountability. Melinda offers constructive counsel and both strategic and creative thinking and is able to draw upon a strong network of specialised talent to compliment the MO Luxury team as needed. Melinda enjoys excellent industry relationships and is regularly quoted in the business and fashion media. Read more about MO Luxury,