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Prada Talking to Banks About Debt,
On January - 8 - 2010 ADD COMMENTS
The Executive Vice President of Prada, Carlo Mazzi said on Tuesday said that the company is talking to the banks and the creditors about renegotiating its debt. According to this statement, the Financial Times on Monday reported that, one of the legends and pioneer for fashion worldwide, Miuccia Prada, also the owner of the Prada was in talks with the banks about a part of its debt as the company seeks to free up some money for its rapid store expansion.
