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Reuters
Published
Jun 22, 2016
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Valentino CEO says fashion group will not list this year

By
Reuters
Published
Jun 22, 2016

Italy's Valentino Chief Executive Stefano Sassi ruled out a bourse listing for the fashion house this year and cast doubts on the possibility of a market debut in 2017.


Valentino - Fall-Winter2016 - Womenswear - Paris - © PixelFormula



"There is no floating at the moment, this is not the right year, it's too early," he said speaking on Tuesday on the margins of a conference in Milan.

Sassi said the designer still planned to list but, when asked about the possibility of an initial public offering in 2017, he said "who knows".

 

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