Fashion group Prada is looking to go public, according to an Italian newspaper.
The luxury giant is reportedly looking at a current valuation of $5 billion.
The company, founded in 1913, has considered going public in the past, but a variety of factors have kept it in the hands of the Prada family – which controls 95% of the company.
The Italian press reported that Prada was considering listing its shares on the Milan and Hong Kong stock exchanges.