Lever Style Corporation Expands with Strategic Acquisition in Activewear
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Lever Style Corporation has acquired assets from Active Apparel Group Pty Ltd and Active Apparel Group (America) LLC for US$13 million. This acquisition enhances Lever Style's fashion segment with activewear, aligning customer tiers and improving operational leverage. The move is strategic amid challenging market conditions. Lever Style Corp. is a Cayman Islands-based company in the apparel industry, with a current market cap of HK$926.7M. The latest analyst rating for its stock (HK:1346) is a Buy with a target price of HK$1.50.
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