×
1 249
Fashion Jobs
SHISEIDO
National Account Manager
Permanent · London
TIMBERLAND
Credit Controller - French Speaking - Timberland
Permanent · CALVERTON
ESTÉE LAUDER
Clinique - Consultant - Boots Donegall, Belfast - 15 Hours - Permanent
Permanent · Belfast
ESTÉE LAUDER
Clinique - Consultant - Boots Sedley Place, London - 10 Hours - Permanent
Permanent · London
ESTÉE LAUDER
Clinique - Consultant - John Lewis Stratford, London - 10 Hours - Permanent
Permanent · London
ESTÉE LAUDER
Clinique - Consultant - Boots Durham - 6 Hours - Permanent
Permanent · Durham
ESTÉE LAUDER
Clinique - Consultant - Boots Londonderry - 11 Hours - Permanent
Permanent · Londonderry
ESTÉE LAUDER
Clinique - Consultant - Boots Kensington, London - 22.5 Hours - Permanent
Permanent · London
ESTÉE LAUDER
Clinique - Consultant - Boots Donegall, Belfast - 10 Hours - Permanent
Permanent · Belfast
BRAND STABLE LTD
Wholesale Sales Executive
Permanent · LONDON
LAIDBACK LONDON
Digital Marketing Manager
Permanent · HARROW
MARSHALLS
70118-lp Detective
Permanent · Banning
ESTÉE LAUDER
Clinique - Consultant - Boots, Watford - 22.5 Hours - Part Time, Permanent
Permanent · Watford
ESTÉE LAUDER
Tom Ford Beauty - Digital Marketing Executive
Permanent · London
ESTÉE LAUDER
Clinique - Consultant - John Lewis Edinburgh - 6 Hours - Permanent
Permanent · Edinburgh
ESTÉE LAUDER
Clinique - Consultant - Boots st Albans- 22.5 Hours - Permanent
Permanent · St Albans
ESTÉE LAUDER
Clinique - Consultant - John Lewis, Oxford Street London - 15 Hours - Permanent
Permanent · London
ESTÉE LAUDER
Tom Ford - Business Manager - Fenwick - Bracknell - 37.5 Hours - Full-Time, Permanent
Permanent · Bracknell
ESTÉE LAUDER
Clinique - Consultant - John Lewis, High Wycombe - 16 Hours - Part Time, Permanent
Permanent · High Wycombe
ESTÉE LAUDER
Clinique - Consultant - Moores, Coleraine - 12 Hours - Part Time, Permanent
Permanent · Coleraine
ESTÉE LAUDER
Clinique - Consultant - Boots, Barnstaple - 7.5 Hours - Part-Time, Permanent
Permanent · Barnstaple
ESTÉE LAUDER
Clinique - Consultant - Boots, Sedley Place - 37.5 Hours - Full Time, Permanent
Permanent · London
Advertisements
Published
Sep 13, 2021
Reading time
2 minutes
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

A.K.A. aims to raise up to $263.9 million with IPO

Published
Sep 13, 2021

A.K.A. Brands Holding Corp., a San Francisco-based company specialized in digital-native fashion brands targeting millennial and Gen-Z consumers, has set the terms of its initial public offering, revealing that it expects to raise up to $263.9 million when it makes its debut on the New York Stock Exchange.


A.K.A.'s brand portfolio includes Princess Polly, Culture Kings and Petal & Pup - Instagram: @princesspollyboutique

 
The company, which owns the Princess Polly, Culture Kings, Petal & Pup and Rebdolls brands, revealed on Monday that it will offer some 13.89 million shares, which it expects to sell for between $17 and $19 apiece. Following the IPO, there are expected to be 129.59 million shares outstanding.
 
According to MarketWatch, the move could value A.K.A. at up to $2.46 billion. The company is expected to trade on the New York Stock Exchange under the ticker symbol “AKA,” with BofA Securities, Credit Suisse and Jefferies acting as the lead underwriters for the IPO.

A.K.A. first announced that it would be launching an IPO at the end of August, when it also reported that it had achieved net income of $14.8 million on revenue of $215.9 million in 2020. This compares to earnings of $1.4 million on revenue of $102.4 million in 2019.
 
Founded in 2018, the company has been working with the back backing of investment firm Summit Partners to acquire digital fashion brands with strong growth potential, a solid track record and the capacity to expand into new markets.
 
One of A.K.A.’s most recent acquisitions was Brisbane, Australia-based multibrand streetwear retailer Culture Kings, which the company picked up for an undisclosed sum in April of this year.

Copyright © 2021 FashionNetwork.com All rights reserved.