fashion

In response to a declining market, fashion retailer Prada sets the price in the bottom half of the range, but still at a premium to other luxury brands.

The Italian fashion designer is seeking to raise up to $2.6 billion from its Hong Kong listing later this month.

The Italian fashion designer hits the market two days after Samsonite, suggesting investors focusing on the consumer retail sector will be busy in the weeks ahead. The two brand icons could raise as much as $4 billion.