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...
8 Nov 2021
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...
26 Oct 2021
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...
13 Oct 2021
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...
22 Sept 2021
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...
15 Sept 2021
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...
14 Sept 2021
Swiss sporting shoe and clothing retailer On Holding AG is aiming to surpass a 6 billion dollar IPO. The Zurich-based company, which began producing trainers for running with cloud technology, was founded in 2010 and is part financed by tennis star Roger Federer. The basic concept of its shoe is a cushioned landing and firm take-off, using the...
8 Sept 2021
Direct-to-consumer fashion platform a.k.a. Brands plans to float on the New York Stock Exchange under the ticker ‘AKA’. The company announced Tuesday it has publicly filed a registration statement on Form S-1 with the US Securities and Exchange Commission relating to a proposed initial public offering (IPO) of its common stock. The number of...
24 Aug 2021
Swiss performance brand On is set to be the latest company to launch an initial public offering (IPO) after applying to list on the New York Stock Exchange under the symbol ‘ONON’. The sportswear brand, best known for its running shoes, said Monday it has publicly filed a registration statement on Form F-1 with the US Securities and Exchange...
The owners of Very Group are reportedly gearing up for a potential 2022 IPO of the British e-tailer. The Barclay family, who also own The Daily Telegraph, has appointed STJ Advisors to prepare Very Group for its stock market debut as early as next year, Sky News reports. It would be the first time the Barclay family has taken one of its...
19 Jul 2021
Sustainable footwear and apparel brand Allbirds could be the latest company to join the red-hot IPO market. The San Francisco-based company, which last year was rumoured to be in talks with banks over a potential flotation, has reportedly filed for a confidential IPO, WWD reports, citing top financial and industry sources. The company, which...
25 Jun 2021
Fashion rental platform Rent the Runway is entering into the fast-growing resale market and is reportedly planning to float later this year in what will be the latest in a long string of fashion IPOs to take place during the pandemic. The New York-based online business is in talks with banks in preparation for a public launch that could take...
4 Jun 2021
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