Prada IPO

Prada whets investor appetite with Hong Kong fashion show

The Italian fashion designer is seeking to raise up to $2.6 billion from its Hong Kong listing later this month.
A model showcases Prada’s 1930s-inspired summer collection at an exclusive fashion show in Hong Kong last night Getty Images

With Hong Kong on holiday, Italian fashion icon Prada chose to kick off the institutional roadshow for its Hong Kong IPO in Singapore on Monday. The Milan-based company seeks to raise between HK$15.5 billion and HK$26.3 billion $2 billion to $2.6 billion and has set a price range that at a top end values it at a premium to its key comparables.

Perhaps to prove that it is worth that bit of extra, Prada last night treated Hong Kong-based...

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