Prada Plans to Sell Shares to Public in Hong Kong IPO

Prada Plans to Sell Shares to Public in Hong Kong IPO

Timothy O'Rourke/Bloomberg

Prada, the Milan-based maker of Miu Miu bags and Church’s and Car Shoe footwear, follows European companies including L’Occitane International SA in seeking to tap investors in Hong Kong after a record HK$384.4 billion ($49 billion) was raised in IPOs excluding overallotments last year.