Fears that the global economic recovery has stalled have driven investors out of the market and sent stocks lower around the world.recent market turmoil, the Prada team is very optimistic, said Mary Koo, an executive director in Goldman Sachs consumer retail division. Goldman is one of the investment banks working on the deal.don feel the stress, added Carlo Mazzi, Prada deputy chairman, who spoke to reporters in Hong Kong via videolink from Milan. Neither Mazzi nor Koo would disclose specific details about investor interest.The Prada and Goldman executives also shrugged off concerns about the IPO relatively high valuation and the Italian capital gains tax.Prada is raising HK$15.4 billion to HK$20.3 billion ($2 2.6 billion) by selling shares at 36.50 to 48 Hong Kong dollars ($4.69 to $6.17) Replica Yves Saint Laurent Handbags, pricing that analysts say is on the steep side.Investors also face an Italian capital gains tax of 12.5 percent on any profits from selling their shares, an unusual situation in Hong Kong, which does not tax capital gains.expect that with a brand name like Prada, with this growth story and with this valuation, we expect the Hong Kong retail (portion) to be very enthusiastic, Koo said..
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