World Footwear

Companies

Cole Haan prepares for IPO

Aug 28, 2019 United States
Cole Haan prepares for IPO
The company was acquired in 2013 by private equity firm Apax Partners from Nike. Now comes the confirmation that Cole Haan it’s preparing for an initial public offering
“Our management team is confident in the opportunities we have created for the Cole Haan brand and our business globally,” said Chief Executive Officer Jack Boys adding: “Based on the momentum we have generated in the business and the opportunities we believe are before Cole Haan, we have determined that now is the time to prepare for an initial public offering of the company’s shares.”

Bloomberg also reported that revenue grew by 14% to 687 million US dollars in the fiscal year ended on the 1st of June while adjusted EBITDA (earnings before interest, taxes, depreciation and amortization) jumped 56 percent to 95.3 million US dollars. According to the same source, growth is being driven by a focus on more athletic models and by a momentum of the brand overseas.

Source: Bloomberg

Related Events

  • Mar
    19
    Mar 19-Mar 22, 2024 | Dallas, United States

    Dallas Apparel & Accessories Market

  • Apr
    3
    Apr 3-Apr 4, 2024 | Nashville, United States

    Magic Nashville

  • Apr
    7
    Apr 7-Apr 8, 2024 | Michigan, United States

    Metro-Michigan Women's Wear Market

  • Apr
    9
    Apr 9-Apr 12, 2024 | Atlanta, United States

    Atlanta Apparel

Related Organizations

  • TUSPM Shoe Museum

    TUSPM Shoe Museum

    United States
  • Two Ten Footwear Foundation

    Two Ten Footwear Foundation

    United States
  • The Atlanta Shoe Market

    The Atlanta Shoe Market

    United States
  • AAFA - American Apparel & Footwear Association

    AAFA - American Apparel & Footwear Association

    United States