The outlook isn't great right now for so-called "teen" retailers. We polled teenagers from across the country -- and a Wall Street analyst, too -- about why they think the Abercrombies, Aeropostales and American Eagles of the world aren't doing so well.
So, you've probably heard that Prada, the Italian luxury goods company owned and operated by designer Miuccia Prada and her husband, CEO Patrizio Bertelli, finally went public last week and will officially begin trading shares on the Hong Kong Stock Exchange this Friday, June 24. This is a huge deal, not only because there are very few public luxury goods companies (LVMH, PPR, Richemont, Burberry, and Hermes are the big ones), but because Prada chose the Hong Kong Stock Exchange to stage its IPO. We talked to some of our favorite fashion-meets-finance professionals about the significance of this event.