A spate of unconfirmed rumors this week indicated that Prada is considering the sale of its remaining 45 percent stake in Church’s and other properties, including the controlled loss-making Jil Sander and Helmut Lang operations. Prada will probably buy back first Equinox Private Equity's stake in Church's, exercising a call and put option, before reselling the whole company. The speculation is linked to the need for Prada to pay back a €700 million bond by the end of this year. Another way to do that would be to go public, but the group has already given up on that route a couple of times.