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Article: IPOS ARE FASHIONABLE: HILFIGER OFFERING SEEN FIRST OF MANY IN 2008.(Tommy Hilfiger Corp.'s initial public offerings)
- Article from:
- WWD
- Article date:
- January 8, 2008
- Author:
CopyrightCOPYRIGHT 2008 Conde Nast Publications, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: Samantha Conti, With contributions from Nina Jones
LONDON - Despite a sagging stock market and a slowdown at retail on both sides of the Atlantic, 2008 is shaping up to be the year of the fashion initial public offering.
Tommy Hilfiger Group may well be the first to take the plunge, with industry sources saying its planned IPO is on track for the first half of the year. Hilfiger is expected to be followed by Prada, which, if it goes ahead this time, will likely wait until the second half. Ferragamo also has unveiled plans to go public this year, and is expected to elaborate on them later this month.
Industry sources here said Hilfiger's ...