IPO for Cole Haan

Cole Haan is preparing for an IPO. Following a successful turnaround, New Hampshire-based premium footwear maker, which was bought from Nike Inc by Apax Partners for $570 million in 2013, saw revenues rise 14 percent to $687 million in fiscal 2018/2019, with EBIDTA jumping 56 percent to over 95 million, mostly due to a shift of its offerings from dressy to more comfortable and athletic styles like the Zerogrand (press release) all-day trainer.