Plukka to List on ASX
September 01, 15(IDEX Online News) – Luxury jeweler Plukka has announced plans to list on the Australian Securities Exchange (ASX). According to CNBC.com, the Hong Kong-based jeweler is planning on going public in October.
The company’s CEO, Joanne Ooi, told the news site that the listing, which is aiming to raise AU$10 million ($7 million), will allow it to raise funds to increase network both online and offline, and it confers the good will and halo that comes with being a listed establishment brand."
The site was founded in 2011 by Ooi (formerly creative director of Shanghai Tang) and Jay Waney. Originally an online-only business, the company opened a store in Hong Kong in 2014.
According to Bloomberg, Plukka is planning on opening six new boutiques, with four in the US, over the next two years. The first is scheduled to open in London.