×
75 390
Fashion Jobs
MACY'S
Asset Protection Security Guard, Mall at Prince Georges - Standard Part Time
Permanent · Hyattsville
MACY'S
Asset Protection Detective, Fayette Mall - Full Time
Permanent · Lexington
MACY'S
Asset Protection Detective, Wheaton Plaza - Standard Part Time
Permanent · Wheaton-Glenmont
MACY'S
Asset Protection Detective, Streets of South Point - Standard Part Time
Permanent · Durham
MACY'S
Asset Protection Detective, Queens Center - Full Time
Permanent · New York
MACY'S
Manager, Merchandise Execution
Permanent · Manassas
ABERCROMBIE AND FITCH STORES
Abercrombie & Fitch - Manager in Training, Dadeland
Permanent · Miami
ROSS STORES
Finance Manager (Logistics)
Permanent · Fort Mill
ROSS STORES
Store Protection Specialist
Permanent · Land O' Lakes
ROSS STORES
Senior Manager, HR Program Delivery
Permanent · Dublin
ROSS STORES
Director, Loss Prevention Regional (Lprd)
Permanent · Palm Beach Gardens
ROSS STORES
Store Protection Specialist
Permanent · Audubon
ASCENA
Part Time Sales Manager
Permanent · Portage
MICHAEL KORS
Part Time Sales Supervisor
Permanent · Elmhurst
KOHLS
Full-Time Sales Supervisor - Hardlines
Permanent · Cary
KOHLS
Full-Time Sales Supervisor - Softlines
Permanent · Dallas
KOHLS
Full-Time Loss Prevention Officer
Permanent · Fontana
KOHLS
Full-Time Sales Supervisor - Softlines
Permanent · Tomball
KOHLS
Full-Time Loss Prevention Supervisor
Permanent · Chesapeake
KOHLS
Full-Time Sales Supervisor - Softlines
Permanent · Linden
KOHLS
Full-Time Loss Prevention Officer
Permanent · Salinas
KOHLS
Full-Time Sales Supervisor - Softlines
Permanent · Kearney
Published
Apr 25, 2019
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Lycra reportedly preparing for a $500 million IPO

Published
Apr 25, 2019

Following its acquisition of Invista's Lycra division, Chinese group Shandong Ruyi is planning to launch a $500 million IPO for the business, now operating as The Lycra Company, within the next three years, according to a report from Bloomberg. 


Invista's former Apparel & Advanced Textiles division has become The Lycra Company - Lycra


The possibility of an IPO was already mentioned when Shandong Ruyi completed its acquisition of the business, formerly known as Invista's Apparel & Advanced Textiles division, from American chemical corporation Koch Industries. The Chinese group reportedly enlisted Goldman Sachs to look into the different stock market options available to the textile business, which, according to sources, changed hands for $2 billion. 

Shandong Ruyi itself has confirmed that it is considering an IPO for Lycra but has refused to provide further details about which market might be targeted, the sum to be raised and the financial organisations to which the project, which is still in its preliminary stages, will be entrusted. 

These reports have come to light a matter of weeks after Ruyi and sourcing giant the Fung Group signed off on a major partnership that seeks to develop "one of the largest transversal textile and apparel ecosystems in the world," notably aiming to take advantage of low manufacturing costs in Africa. 

Copyright © 2022 FashionNetwork.com All rights reserved.