Tobey Maguire for Prada | Source: Prada

“Could the timing of Prada’s HK IPO be any worse? Asian markets had a torrid day on Thursday, with the Hang Seng among the biggest fallers. Meanwhile debt worries in Greece appear to be deepening, hitting global sentiment. And then there’s Samsonite – which debuted on the market amid much fanfare, only to utterly flop on day one, closing down over 8 per cent.”

The Financial Times Josh Noble, commenting on the upcoming (and long-awaited) IPO of Prada which has been scuppered by international economic turmoil several times in the past.