fashion-accessory-supplier-seeks-hong-kong-listing

Fashion accessory supplier seeks Hong Kong listing

The combined OEM manufacturer and branded retailer is aiming to raise up to $123 million as investor interest in IPOs appears to be returning û albeit slowly.
With Maoye Department Store having successfully completed the first Hong Kong initial public offering in the second quarter last week and E-Land Fashion (China) half way through its marketing period, another consumption-focused player has decided to take its chances in the search for expansion capital

Artini China, which designs, manufactures and retails fashion accessories, is a much smaller company than the other two and is seeking to raise no more than HK$621 6 million to HK$960 4 million ($80 million to $123 million) from its listing, which should make it easier to attract enough buyers Having started in 1992 as an original equipment manufacturer (OEM) for international clients, the company has over the past four...
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