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25 Apr

Johnson & Johnson Prepares IPO for Its Consumer Health

Johnson & Johnson Prepares IPO for Its Consumer Health
Johnson & Johnson plans to launch an initial public offering for Kenvue Inc., a completely owned subsidiary comprising its Consumer Health business, later this 12 months. The corporate goals to lift as much as $3.5 billion within the IPO, which comes at a time of muted public offerings within the U.S. J&J’s Consumer Health activity involves self care, skin health and sweetness, and essential health brands, including Neutrogena, Aveeno, Dr. Ci:Labo, NeoStrata, OGX, Dabao and Le Petit Marseillais. J&J, which just launched a roadshow for the IPO, is offering 151.2 million shares of common stock of Kenvue, that are priced between $20 and $23 per share. J&J said that it expects to grant the underwriters a 30-day choice to buy as much as a...
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20 Apr

Ulla Johnson Signs Licensing Deal for Footwear

Ulla Johnson Signs Licensing Deal for Footwear
Ulla Johnson, the Recent York-based womenswear brand, has signed a world license agreement for with HIM Co SpA, a world leader within the manufacturing and distribution of premium fashion and leather goods. HIM Co will produce and distribute Ulla Johnson footwear, starting with pre-spring 2024 for an initial term of three years. Johnson first introduced footwear in 2013. Ulla Johnson, founder and chief creative officer, said, “My brand just isn't just concerning the clothes themselves but concerning the story, the method, the travel, the life-style, the emotional weight of objects crafted by hand and with love. The creation of future heirlooms, of pieces whose beauty and meaning transcends time and place has at all times been a core value, so I'm...
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