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Balmain Denied Listing In Hong Kong In 2015

2013/10/20 17:33:00 31

BalmainListingFashion Brand

France Fashion brand Balmain Balmain issued a statement on Thursday to clarify the report on its listing in 2015, saying it did not consider listing on any stock market in the world. The statement said: "the anonymous rumor is not true and there is no fact support."


Balmain Balmain also said it had "the ability to raise funds by relying on shareholders" to help its international expansion, including the opening of its first independent store in New York in 2014.


According to reports: French fashion brands Balmain The company's Pierre Balmain SA will be listed in Hong Kong in 2015, according to the source, "listing is the primary goal of the company's shareholders." Once listed, financing will benefit Balmain's global expansion, especially in the US market. Although Balmain is currently available in many US Department stores, the brand stores in the US remain blank.


At the end of June 2011, the world's largest tourist luggage manufacturer Samsonite International SA (1910.HK) Samsonite International Limited and the Italy luxury group Prada SpA (1913.HK) Prada group were listed in Hong Kong, issuing prices of HK $14.5 and HK $39.5 respectively, closing up 46.55% in October 17, 2013 and 91.01% in the October 17, 2013, while the weaker beauty group L Occitane International SA (L'OCCITANE) was listed in May 2010, with a 32.22% increase in stock prices so far.


Act as Luxury goods In recent years, many fashion groups have hoped to raise more capital through Hongkong's listing. In recent years, there are rumors that they will also be listed in Italy, Furla S.p.A. and Italy luxury men's wear brand Stefano Ricci.


According to the data submitted by Pierre Balmain SA to the French commercial court, the income of Pierre Balmain SA doubled in the past three years. In 2012, the revenue of Pierre Balmain SA reached 30 million 400 thousand euros, while the company's revenue in 2009 was only 16 million 500 thousand euros. Pierre Balmain SA is currently in a profitable State with a net profit of 3 million 100 thousand euros in 2012.


The brand Pierre Balmain, founded in 1945, has only revived in the past 8 years. In 2005, Christophe Decarnin was hired as the creative director of the brand, and was replaced by the younger Olivier Rousteing in 2011. Pierre Balmain's rock and roll style jacket is loved by many celebrities such as Michael Jackson. After 1000 dollars of "hole" jeans, it has won the media's hype. In recent years, it has gradually returned to the mainstream field of vision.

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