Luxury IPOs coming to Hong Kong: Prada and Samsonite

Prada and Samsonite are set to go public in Hong Kong this month. The two luxury brands could raise more than $4 bn in total, with Prada aiming for $2 bn to $2.6 bn and Samsonite gunning for $1.5 bn in capital.

The Prada IPO could occur next week.

Prada and Samsonite follow L’Occitane, the French cosmetics company, which raised $707 mn through its Hong Kong IPO in 2010.

Source: IR magazine

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