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Senior Business Analyst - Partner Connectivity (Mte) - Stockholm
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Label Compliance Specialist - Global Label & Packaging Content Solutions Team
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Product Quality Manager at Beauty Production, h&m Group
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Print Operations Manager
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Product Owner - Availability (Customer Domain)
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Product Owner – Store Digital Layer (Customer Domain)
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Business Analyst to h&m Global Logistics
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Sql Developer to Workforce Planning & Scheduling – Business Tech h&m Group
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Product Owner – Product Visualization
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Power bi Specialist to h&m Group Business Tech
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Product Owner – Sap Data Volume Management
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Product Area Manager – Ecosystem Platform, Customer Domain
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Senior Communications And PR Manager to h&m Group Business Tech
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Accounting Business Expert With Sap Experience
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Product Area Lead Engineer Within Circular Business Models - h&m Group
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Learning And Development Specialist to Business Tech HR
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Product Area Manager - Business Tech Checkout
Permanent · Stockholm
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Business Expert With Passion For Product Information to h&m Group Business Tech - Customer Domain
Permanent · Stockholm
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Software Engineer to The Network Management & Security Team Within Business Tech
Permanent · Stockholm
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Analytical Engineer to Business Tech, h&m Group
Permanent · Stockholm
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Technical Engineer to Monitoring & Insights Team, Business Tech h&m Group
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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