PRDSF - Prada To Stop Using Real Fur Good News? Yet Shares Drop 5%
Shares of Prada (OTCPK:PRDSF), are down 5% on the news that the Italian fashion house will no longer use real fur.
The company made the announcement earlier today much to the excitement of the Fur Free Alliance (FFA). The animal rights campaigners released the following statement:
“The Prada group with its brands now joins a growing list of fur-free brands that are responding to consumers’ changing attitudes towards animals.”
However, investors don’t seem too pleased as, as stated, shares are declining on the news.
Prada Stops Using FurThe company ...
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