
Levi Strauss & Co fetched a higher price than expected in its initial public offering (IPO) on Wednesday, selling $623.3 million in shares as the U.S. jeans maker looks to return to the stock market after 34 years.
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Levi Strauss & Co fetched a higher price than expected in its initial public offering (IPO) on Wednesday, selling $623.3 million in shares as the U.S. jeans maker looks to return to the stock market after 34 years.
The Americans jeans maker said on Monday it expects to raise as much as $587 million through an initial public offering, giving it a value of up to $6.17 billion as it returns to the market after three decades.
Jeans maker Levi Strauss & Co on Wednesday filed documents to list itself on the New York Stock Exchange, seeking to return to public markets after more than three decades.
Walmart Inc's online retailer Flipkart has told the Indian government the company faces the risk of "significant customer disruption" if the implementation of new curbs for e-commerce is not delayed, sources said.
The United States government is concerned about India’s revised e-commerce regulations and has told officials in New Delhi the policy will hinder the Indian investment plans of Amazon.com and Walmart Inc.
Saudi Arabia’s Fawaz Alhokair Group plans to offer shares in its shopping malls business in Riyadh in the second quarter of this year, sources said on Monday.
Since De Beers abandoned its decades-old policy of refusing to sell lab-grown diamonds as jewellery, the price gap between man-made stones and natural gems has widened - and the difference is set to get even bigger.
Tory Burch, LLC, has named Pierre-Yves Roussel, husband of the brand's eponymous designer and former LVMH executive, as the company's new chief executive officer, beginning in early 2019.
Dutch payments firm Adyen is willing to take a hit on the transaction fees it charges in order to win new business, said CFO Ingo Uytdehaage, adding its model would support profit margins as volumes scale up.
Second-hand fashion site Vestiaire Collective announced on Wednesday that it will soon be welcoming a new CEO with a very international profile: Maximilian Bittner, founder of Asian e-commerce giant Lazada.