COLE HAAN SUBMITS CONFIDENTIAL IPO FILING
Cole Haan is going public. The heritage footwear brand announced on Monday that it has confidentially submitted a draft registration statement with the Securities and Exchange Commission as part of its proposed initial public offering.
Neither the size of the offering nor the timing have been determined, but the IPO is expected to commence after the SEC completes its review process.
The American shoe label is currently owned by private equity firm Apax Partners, which bought it from Nike for $570 million in 2013. Apax, which also owns specialty retailer Rue21 and luxury platform MatchesFashion.com, is a major investor in the fashion and footwear spaces.
