This IPO comes at the peak of Oddity’s rapid growth period. In addition to acquiring two companies in 2021 and 2023, Oddity also launched the skincare brand Spoiled Child in February 2022.

Italian luxury yacht manufacturer Ferretti is set to debut on the Milan Pan-European Exchange.

In this IPO, IDB raised €70 million, with a total amount of €80.5 million if the greenshoe option is not included. At the beginning of trading, the group had a market value of approximately €293 million.

Once the potential dual listing is implemented, the Ferretti Group will officially be listed on both the Hong Kong Stock Exchange and the pan-European exchange in Milan.

In 2022, Puig, which is 100% family-owned, achieved a new sales record, with revenue increasing by 40% year-on-year to €3.62 billion and net profit increasing by 71% to €400 million.

According to Pambianco Strategie di Impresa, Golden Goose ranked first and second on the list of most potential listed companies in 2021 and 2022 respectively.

According to IDB, the upcoming IPO is expected to be a major catalyst for the company, enabling it to attract top talent and senior management.

Kiton is eyeing a potential IPO but sees it as a long-term project rather than an immediate goal.

After the transaction is completed, the company’s shares will list on the Nasdaq under the ticker symbol “LOT”. Lotus Tech’s value is expected to be about $ 5.4 billion.

Paolo Aimino, EY Italy market leader, and Frederico Bonelli, EY Western Europe retail, fashion, and luxury leader, noted that “After a record-breaking 2021, the global IPO market took a sharp turn in the opposite direction in 2022. With only 1,333 IPOs raising US$179.5b, IPO activity dipped 45% and 61% by number of deals and proceeds, respectively, year-over-year (YOY).”