Wednesday 30 June 2010

Valuation Estimates For Prada - 30/06/10

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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Posted by MO at 6:00 am
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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, www.moluxury.com.au