All posts tagged "IPO"
Jimmy Choo Confirms Plans For An IPO
The next frontier for a haute heel purveyor: Jimmy Choo has finally confirmed plans to debut an initial public offering on the London Stock Exchange this October. The deal has valued the label at $1.14 billion; the label’s parent company, Joh. A. Benckiser Holdings, will put up to 25 percent of their existing shares on the
Links of The Daily
Your morning dose of chic intel has arrived. Read on for today’s Links of The Daily… Julie de Libran’s Sonia Rykiel Revolution In anticipation of her first collection at the maison, the creative director shares how she prepared Alber Elbaz: The Eye, the Mirror, the Screen Step into the
J. Crew Considers IPO After Fast Retailing Deal Falls Through
J. Crew might be one step closer to an IPO, as Japanâ€™s Fast Retailing Co Ltd has decided not to purchase the retailer following weeks of discussions. As for why the sale didnâ€™t get completed? J. Crewâ€™s $5 billion price tag was a bit too high for Fast Retailing. That hefty number was calculated by multiplying the labelâ€™s earnings by 13.5, before items like interest, taxes, depreciation, and amortization are factored in. Fast Retailing is the parent company of brands like Theory, J Brand, and Uniqlo, the latter of which is currently on a quest towards further global expansion....
Jimmy Choo Rumored To Be Contemplating An IPO
Jimmy Choo is the latest fashion company to reportedly be investigating an IPO. The haute shoe powerhouse for the well-heeled could be set to be ready for an IPO in the next 12 months with a market valuation of $1.66 billion according to WWD. It has also been said that Jimmy Choo's parent company Labelux has been meeting with investment bankers to discuss a partial IPO and that other options like floating a minority stake are also being considered.
Shindig Showdown! This Week's Party Rankings
Time to celebrate! You wouldn't wanna miss out on the best shindigs of the week, would you? Here are the major fashion fÃªtes on our radar this season.
Vince's IPO Debut Raises $200 Million
Look for the symbol VNCE the next time you see a stock ticker for the New York Stock Exchange, because Vince is officially a public brand. Entering the market on a strong note, Vinceâ€™s 10 million shares raked in $20 each, raising $200 million for the brand on Thursday night. Already reaching a dollar above the original estimated range, the share price rose as high as $30.48 on Friday morning, before closing for the day at $28.66. The IPO has been oft-discussed for nearly a year, and is the first apparel brand to go public in the U.S. since...
Vince Announces Plan To Go Public
Following months of speculation that apparel conglomerate Kellwood Co. was preparing contemporary clothing brand Vince for an IPO, an official announcement has finally confirmed that the company plans to go public. Kellwood Co. purchased the brand in 2006, and is affiliated with Sun Capital Partners, Inc.; their highâ€“end clothing subsidiary is named Apparel Holding Corp, but not for long. When the corporation filed their registration with the Securities and Exchange committee to go public, they also mentioned that they would be renamed Vince Holding Corp.