Missoni will consider IPO in four-five years (translated)
16 JUN 2018
Missoni, the family-owned Italian fashion house that sold a 41.2% to state-backed private equity firm Fondo Strategico Italiano (FSI) yesterday 15 June, will consider an IPO on the Italian Stock Exchange in four-five years, Italian language daily Il Sole 24 Ore reported. The report cited Creative Director Angela Missoni.
The Missoni family continues to retain control of the company with a 58.8% stake.
The report added that Missoni has EUR 150m turnover, 75% of which is generated abroad.