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