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Liu Jo

The Italy fashion brand Liu Jo plans to be listed in 18 to 24 months

Fashion brand Liu Jo from Italy Capri Capri announced the latest target, in 1 and a half years to 2 years in the Borsa Italiana listed in the Italy stock exchange.

One of the founders of S.p.A Liu.Jo, CEO Marco Marchi announced the listing process target in a brand activities recently, he also stressed that the company in 2018 sales are expected to more than 400 million euros.



After the spring of this year the company's restructuring, Marco Marchi said: "for the company, now is the time to consider the market."

In March this year, Liu Jo completed a total of 130 million euros of the capital restructuring, set up management and financial structure.

Another co-founder, in the process of reorganization, Marco Marchi's brother, 68 year old Vannis Marchi quit the board, but still holds a 10% stake in Jo Liu.

When asked whether the time is set at IPO Next year, Marco Marchi said: "there may be within 18 to 24 months. Thus the Liu Jo in a year and a half listed may be more reasonable.

In addition, although the problem of Liu.Jo S.p.A and has been part of financial advisers listed were contacted, but has not yet been determined finally to promote the progress of the relevant procedures listed consultant the candidate.

Liu.Jo S.p.A was founded by Vannis Marchi and Marco Marchi brothers in 1995, mainly engaged in fashion accessories. Design, production and sales.

The company's sales in 2016 amounted to about 310 million euros, about 40% of which were exported from products, and the profit before interest tax depreciation and amortization was about 50 million euros EBITDA.


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