initial public offerings (IPOs) trading on American exchanges
Showing posts with label apparel IPOs. Show all posts
Showing posts with label apparel IPOs. Show all posts

Monday, November 25, 2013

Vince Holding Corp. (VNCE) began trading on the NYSE on 22 November 2013

Contemporary clothing maker Apparel Holding Corp. changed its name to Vince Holding Corp. (NYSE: VNCE) immediately before its Friday IPO on Friday. The company sold 10 million shares at $20 a share, above the expected range of $17 to $19. Vince Holding makes high-end apparel under several brand names that are sold in department stores like Bloomingdale’s and Neiman Marcus. The stock opened at $29.50 and closed at $28.66, about 43% above the IPO price.



The company visited the NYSE on Monday, November 25, to celebrate its Friday's IPO. Vince executives including CEO Jill Granoff, CFO Lisa Klinger and President Karin Gregersen rang the NYSE Opening Bell.


Vince billboard


Description

Vince Holding Corp, formerly Apparel Holding Corp., is a diversified apparel company. The Company designs, manufactures, and markets a collection of fashion brands which include Vince, Rebecca Taylor, David Meister, Sag Harbor, My Michelle and XOXO, along with numerous private label businesses for retailers. The Company operates in four segments: Vince, American Recreational Products (ARP), Juniors and Moderate. Vince, contemporary fashion apparel and accessories sold under the Vince brand name through wholesale distribution to department stores and specialty stores as well as direct-to-consumer through Vince’s retail stores and the www.vince.com Website. American Recreational Products (ARP), recreational apparel and products sold under Kelty, Sierra Designs, Ultimate Direction, Slumberjack, Wenzel and Isis brand names.

Address

6th Floor, 1441 Broadway
NEW YORK, NY 10018
United States 

Website 

www.vince.com

Key stats and ratios

Q3 (Aug '13)2013
Net profit margin-4.39%-14.92%
Operating margin6.78%2.85%
EBITD margin-3.77%
Return on average assets-7.60%-23.21%
Return on average equity--
Employees1,514

Thursday, December 15, 2011

Michael Kors (KORS) started trading on the NYSE on 15 Dec 2011

After pricing at $20 — higher than the expected $17-19 range — Michael Kors shares debuted with a 25 percent pop.
  • KORS raised almost $1 billion on its first day of trading
  • For the first half of 2011, revenues are up 60%, profit almost doubled
  • With under 200 stores in North America, the company projects a potential rollout to 400.
  • Internationally, the company has 37 stores in Japan and Europe and is looking for a potential of 100 in each market. You can find Kors products in over 2,000 wholesale points (Harrod's, Saks, Bergdorf)

Michael Kors with his mother Joan outside of the NYSE 

Michael Kors Holdings Limited EVP, CFO & COO Joe Parsons; Michael Kors Holdings Limited Director Lawrence Stroll; NYSE Euronext SVP David Ethridge; Michael Kors Holdings Limited Honorary Chairman & Chief Creative Officer Michael Kors; Michael Kors Holdings Limited Director Silas Chou and Michael Kors Holdings Limited Chairman & CEO John Idol ring the NYSE Opening Bell to celebrate the company’s IPO on the NYSE





Michael Kors with husband Lance Lepere outside of the NYSE