The service extension means that in 2012 Prada before Milan exchange going on the market, Prada SpA can also continue to expand

The service extension means that in 2012 Prada before Milan exchange going on the market, Prada SpA can also continue to expand. 　　Lead: Britain Vogue magazine website report. Luxury goods brand Escada and Christian Lacroix are the survival struggles, Pu Lada (Prada) is the misfortune. They have the being with good intention debtor. These debtor on 3rd announced that carries on the extension to their loan.
Patrizio Bertelli and wife Miuccia Prada grasps Prada through the Prada stock the SpA 95% stocks, their total debt is 650,000,000 euros (is approximately equal to Renminbi 6,200,000,000), two close 500,000,000 euros (are approximately equal to Renminbi 4,800,000,000) debt next summer must expire. The debt extension means that in 2012 Prada before Milan exchange going on the market, Bertelli and Miuccia Prada can also have the majority of stocks, Prada SpA can also continue to expand. (translation/small woods)

Pu Lada attains the repayments to postpone the total debt to reach as high as 6,200,000,000 (figure)-via