|The much awaited initial public offering of POLO RALPH LAUREN
(NYSE: RL) was eagerly greeted as trading began this morning. Goldman, Sachs
& Co., Merrill Lynch & Co., and Morgan Stanley & Co. underwrote
the offering of 29,500,000 shares at an initial offering price of $26. Shares
jumped to $32 1/8 at the open and closed the day at $31 1/2.
Ralph Lauren, mostly known for his clothing lines, has successfully ventured
into other markets such as home fashion and fragrances. He follows a long
line of designers who have brought their companies to the public -- some
successfully, many not. The articles to the right will explore the company,
the fashion industry, and initial public offerings. Let's begin this stroll
down 7th Ave. and Wall St. Start clicking!
|TMF Style on
Tom Gardner on Ralph Lauren
How is Polo in comparison?
The Process of Going Public
of Donna Karan
of Tommy Hilfiger
of Liz Clairborne
June 05, 1997 Retail