IPO news and archive

Puig prepares to go public, setting share price at 24,50 euros

Spanish fragrance and fashion conglomerate Puig is poised to debut on the stock market this Friday, marking one of the most highly anticipated IPOs of the quarter. The company, which owns prominent brands like Dries Van Noten, Byredo, and Charlotte Tilbury, seeks to raise 2.6 billion euros, with a share price guidance of 24.50 euros per share,...

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Puig targets 1.25 billion euro equity raise in planned Spanish IPO

Spanish beauty and cosmetics giant Puig has announced its intention to make an initial public offering (IPO) of its class B shares on Spanish Stock Exchanges, with the goal of bringing in a total of 2.5 billion euros (2.7 billion dollars) in funding. According to a regulatory filing for the parent company of Jean Paul Gaultier, Paco Rabanne and...

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Douglas sets share price ahead of IPO listing

European cosmetics retailer Douglas has set a price range for its shares ahead of an impending initial public offering (IPO) which it is expecting to begin trading from March 21 on the Frankfurt Stock Exchange. The price ranges between 26 to 30 euros per share on around 32.7 million newly issued shares, bringing the IPO to a total offer size of...

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Shein considers a London listing amid challenges for a US IPO

Fast fashion behemoth Shein is contemplating an initial public offering (IPO) in London after facing obstacles for a listing in New York. London, experiencing a dearth in listings post-Brexit and competition from other robust financial markets, has welcomed Shein's potential IPO as part of an initiative to bolster the city as a leading financial...

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Amer Sports’ IPO falls below target

Amer Sports, the owner of Arc’teryx, Wilson and Salomon, has raised 1.3 billion dollars in its NYSE initial public offering (IPO), falling short of its target with 100 million shares priced at 13 dollars each. This came far below the expectations of the company, which initially forecasted the IPO price to be between 16 and 18 dollars per share...

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Shein's American IPO facing possible delays due to Chinese regulator application

Chinese fast fashion giant Shein is applying to China's regulator to enter the US stock market, two sources told Reuters. Shein has been planning a US IPO since June 2023. The IPO may be delayed by the decision the Chinese regulator may make. This is not only due to stricter-than-expected scrutiny from US regulators, but the company also has to...

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Douglas reportedly mulling European listing

Douglas is said to be eyeing a potential IPO listing in the first quarter of 2024 in what would be a major test of the European stock market at the beginning of the year. The German cosmetics retailer is understood to be preparing the release of its earnings over the Christmas period within the coming weeks, in which it is expected to outline...

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Amer Sports, Wilson and Arc’teryx owner, files for US IPO

Sports conglomerate Amer Sports has officially filed for an initial public offering (IPO) on the New York Stock Exchange (NYSE) amid efforts to bolster funding to pay back debts. The group, which owns the likes of Arc’teryx, Salomon and tennis racket manufacturer Wilson, appointed Goldman Sachs & Co., BofA Securities, J.P. Morgan and Morgan...

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Amazon prepares to go head to head with Shein ahead of its IPO

Amazon.com, Inc. is set to reduce fees for merchants selling apparel priced less than 20 US dollars as it prepares for a price war with Chinese fast-fashion giant Shein. Earlier this week Amazon announced plans to cut merchant fees on apparel-related products priced under 15 US dollars to 5 percent from January 2024. Fees on apparel priced...

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Shein reportedly files low-profile IPO in US

Chinese e-commerce giant Shein has reportedly filed for a confidential initial public offering (IPO) in the US, as it looks to test investor interest in the region. It is understood that the retailer is working with Goldman Sachs, JPMorgan Chase and Morgan Stanley, each appointed as lead underwriters, according to sources. Further speculation...

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Birkenstock shares slide in NYSE debut

Shares in German footwear specialist Birkenstock fell over 10 percent on its first day of trading on the New York Stock Exchange. The company had set its initial public offering (IPO) price at 46 dollars per share - just below the middle of its previously announced target price range of between 44 dollars and 49 dollars. However, its share price...

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Birkenstock officially launches IPO on NYSE

Footwear specialist Birkenstock has announced the launch of its initial public offering (IPO), with over 32 million ordinary shares to be made available via the New York Stock Exchange. Under the ticker symbol ‘Birk’, the company said its IPO price is currently expected to be between 44 dollars and 49 dollars per ordinary share. While...