Financial Times FT.com

IPO may be back in fashion at Prada

By Adrian Michaels in Milan

Published: April 27 2007 22:25 | Last updated: April 27 2007 22:25

Prada has started searching for a head of investor relations in a strong sign that the Italian fashion house is preparing again to list its shares.

Almost all the privately held company is in the hands of Miuccia Prada, her husband and chief executive Patrizio Bertelli and family members. They have come close several times to going public in the past and Mr Bertelli hinted recently that Prada could hold an initial public offering as early as next year.

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