• <abbr id="ck0wi"><source id="ck0wi"></source></abbr>
    <li id="ck0wi"></li>
  • <li id="ck0wi"><dl id="ck0wi"></dl></li><button id="ck0wi"><input id="ck0wi"></input></button>
  • <abbr id="ck0wi"></abbr>
  • <li id="ck0wi"><dl id="ck0wi"></dl></li>
  • Home >

    Levi 'S Cowboy IPO Rose 31.8% On The First Day.

    2019/4/4 12:33:00 9163

    Levi 'S

    This Wednesday, the American leisure jeans brand Levi Strauss & Co. (Levi's, hereinafter referred to as "Levi" s) announced that it raised $623 million through initial public offering (IPO), up from the previous expected $587 million.

    On Thursday, Levi 's shares were officially traded.

    It climbed 31.82%, to $22.41 a share, with a market value of $8 billion 700 million.

    In IPO, Levi 's set the price per share to $17, slightly higher than the previously expected $14 to $16 range.

    Existing shareholders sold $462 million worth of stock, and Levi 's sold $161 million of stock.

    The group will use IPO's proceeds to invest and expand its product range, while investing in Brazil and China (3% of fiscal year 2018) and new markets such as India.

    According to the insiders, there are two important opportunities for Levi 's to return to the stock market at this time:

    At present, the stock market is almost historically high.

    Back to the ancient trend of return, the high waist jeans of the 90s of the last century became a hot trend again, driving the demand growth of jeans products.

    But some investors questioned whether long-term investment in Levi 's would be profitable.

    Dallas Hodges Capital Management fund manager Chris Terry believes that Levi s is already a very mature company with a wide distribution channel, and the shrinking of the department stores will lead to the shrinking of its customer base.

    He thinks: "Levi s" has not had much room to expand the market because it is too famous.

    Monetta Fund fund brand portfolio manager Robert Bacarella believes that investors' interest in their expansion plans exceeds their brand attractiveness in view of the current share price of Levi 's.

    People are concerned about their specific plans to expand their market share.

    J O Hambro Capital Management fund brand portfolio manager Arun Daniel's view is that if Levi 's's share price can be maintained at about 15 US dollars per share (IPO's initial pricing point), or 7.5 times the profit before interest tax depreciation and amortization, then the market's concerns about its growth rate will be eased.

    In February, "gorgeous" reported the news of Levi 's announcing the IPO (see: 34 years away from the stock market, the US 100 year old cowboy Levi s IPO) that is back on track.

    As a pioneer of jeans culture, Levi 's was listed in 1971 and raised about $50 million. It was one of the largest IPO cases at that time.

    But after the listing, the company's profits have declined and share price movements are not ideal.

    In 1985, Levi 's was re privatized.

    For more details, see: Levi 's cowboy or return to the US stock market at the beginning of next year, market capitalization or US $5 billion.

    The success of IPO highlights the different fortunes of retail companies in the past few years.

    On the one hand, Levi s's continuously popular Cowboy brand attracts more shoppers through online channels, while tens of thousands of entity retailers have been forced to go bankrupt under the impact of Amazon providers.

    In the 2018 fiscal year report released in early February this year, Levi 's sales increased 13.7% to 5 billion 575 million US dollars over the same period, and achieved two digit sales growth for fifth consecutive quarters (see "ornate ambition" report: "Levi" s 2018 fiscal year sales exceeded $5 billion, and the Chinese market is the "top priority" for future development).

    Most of them came from the growth of men's jeans business.

    The largest market of the company is America, which accounts for about 55% of the total sales revenue.

    Similarly, Levi s's competitors American Eagle Outfitters and Abercrombie & Fitch have also released strong performance data, driven by the surge in demand for cowboy products.

    At present, Levi 's sells more than 50 thousand retail outlets worldwide, including about 3000 independent stores and store outlets.

    In order to attract more young consumers, Levi 's also plans to expand the customization and printing space in its stores, providing consumers with DIY design printing denim and T-shirt services.

    The success of IPO also indicates that IPO has been a bumper harvest for American enterprises in recent two years.

    According to data provider Dealogic, the IPO of us enterprises totaled US $60 billion 800 million in 2018, an increase of 23% over the same period last year, the highest level since 2014.

    Other popular companies that will be listed in the near future include taxi software company Lyft, Uber, photo social software developer Pinterest, online house rental platform Airbnb and business information software developer Slack.


    Source: magnificent ambition

    • Related reading

    Columbia'S National Development Plan Impose A 10% Tariff On Imported Textiles.

    Global Perspective
    |
    2019/4/3 20:35:00
    9393

    The Abolition Of The Huapu Hui Treatment System, The Mood Of Spinning Enterprises Okay?

    Global Perspective
    |
    2019/4/3 20:20:00
    9449

    Big Chess Game! Did Japan Become The Biggest Beneficiary Of Trade War?

    Global Perspective
    |
    2019/4/3 20:19:00
    8790

    Analysis Of The Three Stages Of The Cotton Market Since The Sino US Trade Friction

    Global Perspective
    |
    2019/4/2 15:05:00
    11862

    Sanfo Outdoor Signed Swiss Brand X-BIONIC, Focusing On Natural Bionics Technology Research.

    Global Perspective
    |
    2019/4/2 12:50:00
    13041
    Read the next article

    The Issue Of "Export Tax Rebate Rate" And "Pitional Period" Has Been Clearly Stated.

    "Export enterprises pay attention! The three departments of the Ministry of finance, the General Administration of Taxation and the General Administration of customs have officially announced the

    主站蜘蛛池模板: 91成人在线免费观看| 亚洲高清在线mv| 久久se精品一区二区| 风流女护土一级毛片| 日韩精品专区在线影院重磅| 国产无卡一级毛片aaa| 亚洲丁香婷婷综合久久| 1024手机看片基地| 1313mm禁片视频| 正能量www正能量免费网站 | 欧美午夜免费观看福利片| 国产黑丝袜在线| 亚洲大尺码专区影院| 你懂的网址免费国产| 欧美videos在线观看| 国产成人精品久久综合| 久久精品中文字幕| 韩国伦理电影年轻的妈妈| 无限韩国视频免费播放| 啊灬老师灬老师灬别停灬用力 | 免费一级特黄欧美大片勹久久网| loveme枫と铃樱花动漫| 波多野吉衣AV无码| 国产精品成年片在线观看| 亚洲av无码专区国产乱码不卡| 黄网址在线观看| 无遮挡很爽很污很黄在线网站| 午夜视频1000| a级片免费在线播放| 欧美猛交xxxx乱大交| 国产欧美日产激情视频| 久久久久亚洲AV成人网| 精品亚洲成a人在线观看| 在线观看国产亚洲| 亚洲国产一区二区三区在线观看 | 免费人成视频在线观看网站| 99久久精品费精品国产一区二区| 欧美成人在线免费| 国产又大又粗又硬又长免费| 三年片在线观看免费观看大全中国| 男人边吃奶边激烈摸下面的视频|