Tag Archives: Takeover

Get your pennies together! Prada’s going PUBLIC!!!

26 May

At least thats what I HEARD…Word around town is that they’re prepping for their IPO in Hong Kong on June 23 or 24th. “allegedly” …. Intesa Sanpaolo Group (the company that owns 5%) estimated the Fashion brand at $15.1 Billion… Thats a good chunk of change!

Prada said they were  a little over $575 Million in debt in March… Guess its cool because they had $331 Million net profit…

Anywho… I need Miuccia Prada to GIFT me 3,000 shares… Im not trying to be selfish…

Oh… and send me this dress and these pumps PLEASE and THANK YOU!

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Get your pennies together! Prada's going PUBLIC!!!

26 May

At least thats what I HEARD…Word around town is that they’re prepping for their IPO in Hong Kong on June 23 or 24th. “allegedly” …. Intesa Sanpaolo Group (the company that owns 5%) estimated the Fashion brand at $15.1 Billion… Thats a good chunk of change!

Prada said they were  a little over $575 Million in debt in March… Guess its cool because they had $331 Million net profit…

Anywho… I need Miuccia Prada to GIFT me 3,000 shares… Im not trying to be selfish…

Oh… and send me this dress and these pumps PLEASE and THANK YOU!

Hermes gets rid of DEAD Weight…

10 May

Hermes just sold its 45% stake in Gaultier to Puig(the perfume and cosmetics powerhouse) for about $24million…

Jean Paul Gautier himself is ALSO selling 15% (leaving him with 40)…

I guess Hermes is trying to get rid of dead weight… if only they can shake LVMH whose holds more than 20% …

Im SURE the Hermes family HATES THEM! LOL

Hermes Family.jpg

We shall see!!

LVMH Conglomerate to invest $600 Million….

9 May

IN NUDE BLACK BEACH!!! <~SIKE! 

But they ARE looking for Asian Brands to go international. They want to focus on the “less luxury” side. Thinking… HOPING… the brand will grow the fastest because of its ability to reach more people…

More affordable + Internationally known = a WHOLE lot of CA$H!!!

So… if youre Asian with an affordable line send your info to LVMH… You may have a shot! (Send me something too)

LVMH.JPG

As PISSY as LVMH is… they still brought in 203 Billion Euros last year…

Bulgari joining LVMH… WHOMP WHOMP….

27 Mar
Here we go with another TAKEOVER… Big name brands are DE-Bo’ing the smaller competition… LVMH just bought half of Bulgari’s shares… and will give back 16 million shares to the family in exchange for the 152 they currently have…. STRAIGHT DE BO!!!

SMH… just hopes it doesnt turn PISSY!!!

Bulgari AD.jpg

You may wanna cover up Julie… your payroll check may bounce!!