Prada Sells Another

Bloomberg.com reports that Prada has agreed to sell Helmut Lang  to Link Theory Holdings Co. of Japan. The Helmut Lang brand hasn’t made a profit for the company since it was aquired in 1999. Last month Prada sold Jil Samder to Change Capital Partners, a London-based private equity firm. Prada now plans to focus on its own brands, which include Miu Miu and Car Shoe.

Bloomberg