Italy Clothing Design Company Pattern SPA Landing On Italy Stock Exchange
Italy Pattern SPA, a high-end clothing designer and producer, has officially landed on the Italy stock exchange SME board AIM Italia. During IPO (initial public offering), Pattern raised a total of 12 million 500 thousand euros. During the IPO inquiry period, Pattern set its stock price to 3.25 euros, with a market capitalization of about 44 million 250 thousand euros. In July 17th, the opening price of Pattern was 3.57 euros, and the price of Pattern was 3.68 euros as of July 18th at 10 a.m.
Pattern SPA was founded in 2000 by Fulvio Botto and Franco Martorella. It is mainly engaged in the design and development of the men's and women's clothing. It has more than 100 employees, and has an area of 4000 square meters for factories and offices. It can complete the production process of more than 30 garment series annually.
In 2005, Pattern began designing and producing women's fashion series. In 2012, Pattern entered into partnership with some hand-made clothing custom brands and began to set foot in the high definition field. In July 2014, Pattern bought Esemplare, the sports wear brand, and planned to achieve sales target of 5 million euros in 3 years. In 2015, Pattern helped Esemplare launch the women's wear series and unveiled it at the Berlin international fashion exhibition. In November 2016, Pattern was selected as the Elite elite project of Borsa Italiana international stock exchange of Italy. Since then, Pattern has been working hard to develop into the most profitable enterprise in the industry, strengthen training and innovation, and increase cooperation with world-famous brands.
Pattern co founder Fulvio Botto and Franco Martorella said: "creating Pattern is a great adventure and challenge for us. Now 20 years have passed, we are looking at Pattern continuously. We are very pleased that Pattern can be listed on the Italy stock exchange. At the same time, we want to thank those friends who accompanied us from the very beginning, and thank them for helping Pattern continue to develop. "
Pattern CEO said: "Pattern landing on the Italy stock exchange means that we have opened a new chapter, and we will move towards a new journey. In the future, we will strive to make Pattern a benchmark for Italy's luxurious design. We have always adhered to the classic Italian style and integrated sustainable environmental technology. We hope that Pattern can join hands with other SMEs in Italy to create a new future. "
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