Media to fashion group HdP is on course to sell its controlling stake in loss-making sportswear producer Fila Holding SpA in the next few weeks, it has been reported.

According to an article in Saturday's edition of Corriere della Sera, Fila will be bought by Golden Gate Capital and investment group Continental in the near future.

The paper quoted HdP chief executive, Maurizio Romiti, as saying: "Negotiations are underway and we should say something definitive about it in the next few weeks."