Prada Considers Selling Shares To Pay Off $1.4 Billion Debt

by Justin Fenner | 3:25 pm, October 7th, 2010

Prada, the brand that successfully brought baroque minimalism to Milan’s runway last month, is carrying $1.4 billion in debt. And if you’re not a member of the Walton family or a medium size country in South America, that’s a whole lotta Italian calfskin handbags.