Italian luxury goods maker Ferragamo, majority-controlled by members of the founding family, plans to list its shares in Milan, said reports.
The Florence, Italy-based Ferragamo has filed its initial public offering with the Italian stock exchange, according to Italy’s business newspaper Milano Finanza. Reports say it will list 30% of its shares in Milan by July. When contacted, the group was unavailable for comment. Reports also said that the listing, intended to fund expansion, could value the company at around $2 billion.