Forget about having a trendy wardrobe: Next year, it’s all about the stylish portfolio. It was announced today that Prada SpA will start the IPO process to join the Milan Stock exchange, which means instead of pledging allegiance to your favorite house via logo-laden totes, you can do so by snapping up a few fashion stocks. The Prada stock is slated to join the exchange in 2008, an IPO that could just make the It-bag obsolete.

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