This week the shares of Nice Footwear successfully debuted on the stock market: after an initial offer that met 14 times stronger demand, yesterday the stock made its debut with + 60% (initial price 10 euros per share and closing at 16 ). Today there were profits taken, considered physiological by the operators: the share closed at € 15.54, however well above the 10 of the debut (over 35% more).
Nice Footwear SpA is a company specialized in the development, production and distribution of leisure and sport shoes; was listed on the Euronext Growth Milan list, a market organized and managed by Borsa Italiana dedicated to small and medium-sized companies with high growth potential.
Bruno Conterno, president and CEO of Nice Footwear, says: “The listing represents a strategic step to implement our business model and support growth, also through new acquisitions. The goal is to create an Italian pole of excellence in the design and production of Made in Riviera del Brenta sneakers and, to succeed in this evolution of the artisan process, the resources of the Ipo will be precious as they will allow us to combine craftsmanship with technology, digitization and sustainability “.