04 May '11, 3pm

Ferragamo planning to list 25% of capital: source: Models display creations as part of Salvatore Ferragamo Fall-...

Ferragamo planning to list 25% of capital: source: Models display creations as part of Salvatore Ferragamo Fall-...

Models display creations as part of Salvatore Ferragamo Fall-Winter 2011-2012 ready-to-wear collection on February 27, 2011 during the Women's fashion week in Milan. -- PHOTO: AFP MILAN - ITALIAN fashion and luxury goods firm Salvatore Ferragamo is planning to list up to 25 per cent of its capital on the Milan stock exchange 'before the summer', an informed source told AFP on Wednesday. The source said that Ferragamo would begin meetings with investors 'soon' for the sale, following its announcement in April that it would conduct an initial public offering (IPO). Contacted by AFP, Ferragamo declined to comment on the report. According to analysts forecasts cited by Dow Jones Newswires, Salvatore Ferragamo could be valued at 1.6 billion euros (S$2.9 billion). The company was set up in 1927 by Salvatore Ferragamo, a Florentine shoemaker who came back to Italy after living in...

Full article: http://www.straitstimes.com/BreakingNews/Money/Story/STIS...

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tualobang.blogspot.com 06 May '11, 3am

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food.recentrunes.com 11 May '11, 6pm

More than 80 years in the same place, Yut Kee is a cultural institution. Unfortunately, the building they are in is up for...