“DOES THE DEVIL REALLY WEAR PRADA?” 1403

Read the case study “Does the Devil Really Wear Prada?” Based on the case study discuss briefly:
• Do you agree with the decision to list an IPO or should Prada consider other financing options? What are the pros/cons of such options?
• Are there any downsides to Prada’s decision to list in Hong Kong?
• What types of foreign exchange risk does Prada face?
• What advice would you give them to hedge against their risks?