13th March 2014
Fast Retailing, the Japanese owner of fashion brands Uniqlo, Theory, Comptoir des Cotonniers and Princesse tam.tam, listed depository receipts in Hong Kong on March 5.
3rd October 2011
HONG KONG (Dow Jones Investment Banker) – PPR SA’s refocusing is still a work in progress. The lack of growth at its legacy retailing business is affecting overall margins, and penalizing valuation. A flotation of part of the Asia-Pacific activities of its luxury arm, Gucci Group, in Hong Kong would boost its market capitalization, and create a vehicle to fund acquisitions in its fastest-growing region of operations.
20th June 2011
HONG KONG (Dow Jones Investment Banker) – Despite all the hype and the almost weekly announcements of planned billion-dollar deals, retail investors in Hong Kong have largely shunned IPOs since the start of the year.
14th June 2011
The Prada growth story is intuitively understood by Hong Kong shoppers. Anyone who has seen the queues at their stylish boutiques has a sense of the profitability and potential of this fashion and luxury goods vendor.
7th March 2011
As we initially suggested on this blog and published on Dow Jones Investment Banker, as well as in The Source on WSJ.com and in The Asia Wall Street Journal, Prada confirmed on 7 March on Bloomberg its decision to conduct its proposed IPO with a sole listing in Hong Kong, at the expense of Borsa Italiana, the Milan Stock Exchange.
7th February 2011
HONG KONG (Dow Jones Investment Banker) – Prada SpA announced plans last week for an IPO and listing in Hong Kong, which, given the Italian luxury company’s growing market recognition and the region’s rising consumer appetite for luxury goods, should be well received. However, Prada should avoid the lure of a simultaneous dual listing in Milan.