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The latest update is out from Lever Style Corp. ( (HK:1346) ).
Lever Style Corporation announced its acquisition of assets from Active Apparel Group Pty Ltd and Active Apparel Group (America) LLC for an initial price of US$13 million. The acquisition complements Lever Style’s existing fashion segment with the Vendors’ activewear segment, enhancing customer tier alignment and operational leverage, and is seen as a strategic move in the face of challenging market conditions and reduced business volumes with major customers.
The most recent analyst rating on (HK:1346) stock is a Buy with a HK$1.50 price target. To see the full list of analyst forecasts on Lever Style Corp. stock, see the HK:1346 Stock Forecast page.
More about Lever Style Corp.
Lever Style Corporation is a Cayman Islands-incorporated company primarily involved in the apparel and fashion industry, offering premium products and serving high-tier customers.
Average Trading Volume: 156,789
Technical Sentiment Signal: Buy
Current Market Cap: HK$926.7M
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