IPO's have been a major topic of conversation recently. Michael Kors and Prada successfully went public a little while back and of course, the controversy surrounding Facebook's entry onto the stock market has meant that it's a topic that's not going away any time soon. Now it looks like Versace might follow suit.
It's no secret that the family-owned business flirted with the idea of going public back in 1997 but after the death of Gianni Versace and a string of financial problems, any such discussions fell apart. But things are really turning around for the house. This year marked the first time it has been profitable since 2009, which it marked with a return to couture in January after an eight-year hiatus. If there was ever a time to appeal to potential investors, then, it's now.
