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prada fragrance women as it is a loss of time," Zadig Voltaire founder and Chief Executive Thierry Gillier told the summit in Paris.Initial public offerings are seen as a viable alternative to selling to a larger brand. Moncler, Prada, Ferragamo are often cited as prime IPO candidates.Kravetz said such companies are likely to move slowly towards the public markets since they many luxury brands are family owned and bogged down in history and bureaucracy.Luxury brands sue eBayLuxury brands sue eBayELEANOR HALL: A French court has ordered the online auction site eBay to pay $65 million to a luxury brands group for allowing the sale of fake goods online.The company which represents Louis Vuitton, Christian Dior and Givenchy complained that eBay operators did not do enough to stop the sale of counterfeit products.But eBay is appealing the ruling and hitting back at the luxury brands group, accusing it of anti competitive behaviour.Jennifer Macey has our report.JENNIFER MACEY: On the Australian eBay site an item of women's clothing sells every eight second and countless fake designer handbags and perfume are sold worldwide, alongside the usual array of second hand goods.But now six designer and luxury brands have had enough.They've sued the world's biggest online auctioneer for negligence and have won $65 million in a French commercial court.EBay spokesman Daniel Feiler says the company will be appealing the decision.DANIEL FEILER: Today's ruling is not about eBay's fight against counterfeit products. Today's ruling is about an attempt by LVMH to protect their own commercial practices at the expense of consumer choice and the livelihood of law abiding sellers that sell on eBay every day.JENNIFER MACEY: The luxury brand group LVMH represents Louis Vuitton, Christian Dior, Givenchy and Kenzo.They argued their case on two fronts.That eBay did not do enough to stop the sale of counterfeit products and that even those auctions that sold a legitimate item was illegal as only specialist dealers are permitted to sell them.But Daniel Feiler says eBay has done a lot to stamp out the sale of fake goods.DANIEL FEILER: EBay invested more than $20 million a year to ensure that counterfeit goods are found and removed.EBay