Outdoor Brand Fraspens To London IPO Rush To The Three Or Four Line Market

< p > > a href= "http://sjfzxm.com/news/index_s.asp" > < < /a >, the domestic outdoor sports brand Fraspens will be listed in London in August, and the venue will be listed on the London exchange alternative investment market (London s Alternative Investment Market, referred to as the market).

However, before the deadline, the Fraspens company has not yet disclosed the amount of funds to be collected.

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< p > according to Fraspens CEO John Bautista, the funds raised will be used to expand the three or four line business that has not yet been touched by famous outdoor famous brands both at home and abroad, and seize the outdoor sports apparel market that is currently growing rapidly in China.

In addition, funds will be focused on long-term marketing and advertising, expanding by increasing the number of sales outlets, and adding investment funds to research and development.

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< p > < < a href= > http://sjfzxm.com/news/index_s.asp > > < /a >. Fraspens was founded in 2007. Its headquarters is in Quanzhou, Fujian. Its business scope is mainly outdoor products, which are developed, manufactured and sold, supplemented by fashion and leisure products. The target customers are the urban aged white-collar outdoor crowd aged 18~45.

By September 31, 2013, Fraspens's annual sales volume had reached 39 million pounds (66 million 800 thousand US dollars), with a net profit of 6 million 600 thousand pounds.

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< p > the latest survey report from Euromonitor, the global authoritative market research firm, shows that sales of Fraspens in 2013 increased by 28%, ranking third in China's outdoor apparel brands.

The report also said that Fraspens ranked the seventh in China's outdoor sports brand market in terms of overall sales revenue, including international brands such as The North Face, Columbia and Jack Wolfskin.

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< p > > a href= "http://sjfzxm.com/news/index_s.asp" > < < /a > > Fraspens company has sold products in sixteen regions of China, with 580 distributors. Its sales outlets are distributed in 17 provinces and municipalities directly under the central government, and the exhibition will be concentrated in the two quarter of spring and autumn.

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Prior to "P", another Camkids, Group PLC. (CAMK.LN), a Chinese outdoor sportswear company, was listed on the London alternative investment market in 2012. Its target customers are teenagers. "Camkids"

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