Bankers have estimated a 1 billion dollar range on the valuation of Prada SpA, stating the label to be worth between $3-4 billion. We would imagine that the estimates should be a lot closer than a 25% difference, in our books.
It was not long ago that we brought you the news of a rumoured IPO for Prada, yet the label were quick to correct the claims, noting that an IPO was not discarded, but simply put on hold. WWD reported yesterday however, that an IPO could come into fruition for the company in 2012.
Image credit: prada.com
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