There’s been an enthusiast response to In The Style’s initial public offering (IPO). In fact, demand for buying in to its listing on the Alternative Investment Market (AIM) has been "significantly oversubscribed”.
One designer who has had an unusual career path is Andreas Aresti, a Queens-born designer who lives in the West Village, produces in Italy and showed his latest collection for Lourdes in Paris Fashion Week on Tuesday.
In The Style Fashion Limited has formally announced its intention to float on AIM — the same market of the London stock exchange that hosts the listings for ASOS and Boohoo. Its shares should debut on March 17.
A judge has said Citigroup is not entitled to recoup half a billion dollars of its own money that it mistakenly wired lenders of Revlon, in what he called "a banking error of perhaps unprecedented nature and magnitude."