UPDATE 2-Federer-backed shoemaker On valued at over $11 bln in NYSE debut

update 2 federer backed shoemaker on valued at over 11 bln in nyse debut

Sumary of UPDATE 2-Federer-backed shoemaker On valued at over $11 bln in NYSE debut:

  • Slideshow ( 3 images )The IPO comes at a time when athletic gear, especially shoes, has been flying off the shelves at most retailers as COVID-19-led gym closures push people to take up running to keep themselves fit.
  • Other sustainability-focused startups that recently went public include Hollywood star Jessica Alba’s Honest Co and Oprah Winfrey-backed Oatly Group AB.

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