Ferragamo closer to stock exchange debut

| Sun, 11/25/2007 - 06:19

Ferragamo closer to stock exchange debutNo date set, but plans are in the works - Celebrated Florentine fashion house, Ferragamo - which brings in over one billion euro and sells 90% of its products abroad - will soon name its global coordinator, which will bring their quotation onto the Italian stock exchange next year.

No specific date is set but CEO Michele Norsa recently commented that the company ''should debut as a blue chip thanks to its size''.

''There is no specific date because the markets are always moving. The important thing is to be ready and to choose the best time to do it. We'll see when we're ready and when the market is ready, which will be the determining factor,'' Norsa said.

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