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Lanvin Group shares tumble following NYSE debut

Luxury fashion group Lanvin saw its shares fall 25 percent in its first day of trading on the New York Stock Exchange (NYSE). The group, which is owned by China’s Fosun International, began trading on Thursday under the ticker ‘LANV’ after announcing in March plans to become publicly traded via a business combination with Primavera Capital...

Dec 16, 2022

BusinessFeatured

Lanvin Group reports strong H1 revenue, but lowers valuation ahead of IPO

Luxury fashion group Lanvin has reported a 73 percent increase in revenue in the first half of the year, but has trimmed its valuation ahead of its upcoming IPO. The group, whose portfolio includes its namesake label as well as Sergio Rossi, Wolford, and St. John Knits, made revenue of 202 million euros in the six months to June 30. That growth...

Oct 18, 2022

BusinessFeatured

Save the Duck sets sights on IPO - a conversation with CEO Nicolas Bargi

Save the Duck has big plans. The Italian outerwear brand known for its jackets filled with a down alternative is expanding after securing new investors this year. “In the next two to three years, you will see the company invest,” chief executive officer Nicolas Bargi said during an interview. “We will open many shops, and we will grow our...

Aug 3, 2022

BusinessFeatured

Lanvin Group plans New York IPO

Luxury fashion group Lanvin, whose portfolio includes its namesake label as well as Sergio Rossi, Wolford and St. John Knits, has announced plans for an IPO on the New York Stock Exchange. The group, which is owned by China’s Fosun International, said Wednesday it will become publicly traded via a business combination with Primavera Capital...

Mar 23, 2022

Business

Rihanna’s Savage x Fenty reportedly mulling IPO with three million dollar valuation

Rihanna’s lingerie brand Savage x Fenty could be reaching new heights as it is said to be considering an initial public offering (IPO) that could put the brand’s valuation at three billion dollars or more. While the label has not yet made a final decision on the IPO, Rihanna is reportedly working with banks, including Goldman Sachs Group Inc....

Mar 11, 2022

Business

Shein revisits plan for New York IPO

Chinese fast fashion retailer Shein is thought to be revisiting an IPO on the New York stock exchange. The company previously began a listing process in 2020, but abandoned its plans amid market uncertainty and US-China trade tensions. According to Reuters Shein founder Chris Xu is contemplating acquiring Singapore citizenship to bypass China’s...

Jan 25, 2022

Business |ANALYSIS Featured

Three takeaways from Allbirds IPO

Allbirds was expected to raise up to 268.8 million dollars with a valuation of more than 2 billion dollars. Its market value was based on the 143 million shares expected to be outstanding once the deal closed. The comfortable, sustainable show brand however sold more shares than expected, setting for a market capitalization of 3.75 billion...

Nov 8, 2021

Business

Allbirds aims to raise up to 269 million dollars in New York IPO

Sustainable footwear and apparel brand Allbirds aims to raise up to 269 million dollars in its upcoming IPO. The San Francisco-based company said Tuesday it plans to sell 19.2 million shares of its Class A common stock at a price of between 12 dollars and 14 dollars per share. The upper end of that range would give the brand a valuation of over...

Oct 26, 2021

Business

Gymshark reportedly in talks over potential IPO

British gymwear and athleisure brand Gymshark is reportedly in talks with banks and investors over a potential IPO. The company’s 29-year-old founder Ben Francis and his private equity backers have begun preliminary talks with institutional investors and investment banks about a flotation, Sky News reports. It comes just a year after the brand...

Oct 13, 2021

Business

a.k.a. Brands slashes IPO size ahead of New York float

Direct-to-consumer fashion platform a.k.a. Brands has slashed the size of its upcoming IPO. The youth-focused company, which last month revealed plans to float on the New York Stock Exchange under the ticker ‘AKA’, said Tuesday it plans to raise around 110 million dollars by selling 10 million shares of its common stock at a price of 11 dollars...

Sep 22, 2021

BusinessFeatured

Swiss sportswear brand On goes public

Swiss performance brand On has officially been listed on the New York Stock Exchange, and to celebrate, 100 runners including the brand’s founder’s made their way alongside the Hudson River this morning over to Wall Street to ring the opening bell. At the beginning of trade, On was reportedly worth 7.3 billion US dollars, after selling shares...

Sep 15, 2021

BusinessFeatured

a.k.a. Brands expects to raise up to 263.9 million dollars in New York IPO

Direct-to-consumer fashion platform a.k.a. Brands says it expects to raise 263.9 million dollars in its upcoming IPO. The company, which owns brands Princess Polly, Petal & Pup, Rebdolls, and Culture Kings, announced Monday it is offering 13.89 million shares of its common stock at a price of between 17 dollars and 19 dollars. It comes after the...

Sep 14, 2021