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Product Owner Within Allocation Precision – Marketplace Allocation
Permanent · Stockholm
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Product Owner Within Allocation Precision – e2e Visibility
Permanent · Stockholm
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Competence Lead Service Owner to Partner Connectivity
Permanent · Stockholm
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Junior Planner to New Business Ventures
Permanent · Stockholm
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Business Expert to External And New Sales Channels
Permanent · Stockholm
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Data Analyst - Performance Marketing to h&m Business Tech - Customer Domain
Permanent · Stockholm
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Business Analyst With Logistics Knowledge
Permanent · Stockholm
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Physical Compliance Specialist – Group Compliance, h&m Group
Permanent · Stockholm
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Regional Transport Manager - Logistics Region North Europe
Permanent · Stockholm
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Data Analyst - Digital Core Team Within Business Tech
Permanent · Stockholm
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Data Specialist to Product Specification, Business Tech h&m Group
Permanent · Stockholm
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Product Owner in Api & Event Integration Area, h&m Group
Permanent · Stockholm
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HR Business Partner to h&m Group Supply Chain
Permanent · Stockholm
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Business Expert Competence Lead in Allocation Precision Within Business Tech
Permanent · Stockholm
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Business Intelligence Analyst
Permanent · Stockholm
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Regional Data Privacy Manager - Region North
Permanent · Stockholm
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Security Software Engineer With Warehouse Security Background
Permanent · Stockholm
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Accounting Business Expert
Permanent · Stockholm
H&M
Strategic Buyer For Customer Packaging
Permanent · Stockholm
H&M
Solution Architect in Partner Connectivity Team Within Business Tech
Permanent · Stockholm
H&M
Business Analysts With Business Intelligence Competence to Group Expansion, h&m
Permanent · Stockholm
H&M
Product Owner to Fulfilment Center Operations
Permanent · Stockholm
By
Reuters
Published
May 5, 2021
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Jessica Alba's Honest Co valued at nearly $2 bln in strong market debut

By
Reuters
Published
May 5, 2021

Jessica Alba's consumer goods company Honest Co was valued at $1.92 billion in its Nasdaq debut, after its shares opened 33% above their offer price on Wednesday.


Photo: The Honest Co



The company's stock opened at $21.22 per share, compared to the offer price of $16 per share.

On Tuesday, Honest priced its offering of nearly 25.8 million shares at $16 each, above the midpoint of the $14-$17 range it had marketed earlier.
The initial public offering raised $412.8 million, a fourth of which would go to the company.

Los Angeles-based Honest's offerings include eco-friendly baby products, vitamins, sunscreen lotions and sanitizers that are sold online and through partnerships with brick-and-mortar stores including Costco and Target.

The company's market debut comes amid a bullish market for IPOs and increased investor interest in sustainable companies.

Plant-based burger maker Impossible Foods is looking to list through a blank-check merger, Reuters reported in April, while sustainable sneaker maker Allbirds is also in talks for an IPO, according to media reports.
Co-founded in 2011 by Alba, known for her roles in "Fantastic Four" and TV series "Dark Angel", Honest is backed by Lightspeed, Fidelity and General Catalyst among others.

The company reported a 28% surge in revenue to $300 million last year, as the COVID-19 pandemic bolstered sales of its cleaning products. Its losses narrowed to $14.5 million from $31.1 million a year earlier.

Morgan Stanley, J.P. Morgan and Jefferies are the lead underwriters for the company's offering.

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