With Prada IPO on the Horizon, a Look at Other Public Luxury Goods Companies
03.06.11
Prada, the iconic fashion house based in Milan, Italy, prepares to $ 2 billion initial public offering in Hong Kong, according to a filing. The company expects to achieve earnings of at least $ 215,000,000 for the six months to June, likely stimulate expansion and renovation of its stores where the IPO takes place.
Here is an overview of other public companies that specialize in luxury goods:
LVMH Moet Hennessy Louis Vuitton SA (EPA: MC). Has a number of luxury brands including Louis Vuitton, Fendi, Marc Jacobs, TAG Heuer, Moet and Champagne. The market capitalization of $ 58 billion.
Christian Dior SA (EPA: CDI). French luxury clothing and retail company. Has a number of brands and product lines. The market capitalization of $ 19 billion.
Tiffany & Co. (NYSE: TIF). Tiffany's sells fine jewelry and other items through its online store and retail stores. The market capitalization of $ 9 billion.
Polo Ralph Lauren Corporation (NYSE: RL). Ralph Laurn designs, markets and distributes a number of products, including men, women and children's clothing, accessories, fragrances and home furnishings. The market capitalization of $ 11 billion.
Source: San Francisco Chronicle