Share

Fashion, Liu Jo thinks about listing on the Stock Exchange but not immediately

The Carpi-based company led by Marco Marchi, after the 130 million corporate reorganization of last year, is planning the scheduled listing in the medium term. Estimated to reach 372 million euros in revenues (+10%) in 2018

Fashion, Liu Jo thinks about listing on the Stock Exchange but not immediately

Liu Jo, the company founded in 1995 in Carpi (Modena) by Marco Marchi and active in the design and marketing of clothing and accessories intends to land on the Stock Exchange list with an IPO (a public offering of the shares of a company intending to be listed for the first time on a regulated market) expected in the medium term.

This decision, according to reports from Mf, was taken after a corporate restructuring operation, followed by Ernest Young as financial advisor, worth 130 million euros with which the company optimized the governance and the entire structure financial.

The restyling part was concentrated on the licensing project, which was successful. Starting with Liu Jo man produced and distributed by Co.ca.Ma based in Nola (Naples), up to eyewear with Marchon and to fragrances with Perfume holding. Side by side with Liu Jo House with Eria and Liu Jo Living with Atl group, without missing the shoes part in joint venture with Eli, for the women's and children's collections instead, starting from the autumn-winter 2019 season and the luxury for jewels and watches in jv with Luxury. 

Luxury will focus on international development in Europe and China with an opening plan.

 

comments