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Lever Style Deepens Premium Activewear Push with Valued Asset Acquisition

Story Highlights
  • Lever Style is acquiring assets from Active Apparel Group to strengthen its premium activewear and outdoor business and tap Gen Z-focused, alternative-luxury growth.
  • An independent valuer using market-based P/E multiples from comparable asset-light sportswear firms estimated the acquired assets’ value at about US$12.4–14.8 million, supporting compliance with listing rules.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Lever Style Deepens Premium Activewear Push with Valued Asset Acquisition

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Lever Style Corp. ( (HK:1346) ) has shared an update.

Lever Style Corporation has provided further details on its asset purchase agreement involving Active Apparel Group Pty Ltd and Active Apparel Group (America) LLC, a deal aimed at reinforcing its foothold in the premium activewear category. Management describes premium activewear as a high-growth, alternative-luxury segment favored by Gen Z consumers and sees the acquisition as a way to expand its outdoor/active business, leverage the vendors’ strong customer base, and drive cross-selling of additional product categories. An independent valuer, GW Financial Advisory Services Limited, applied a market approach using price-to-earnings multiples from seven comparable asset-light sportswear companies listed in major global exchanges to estimate the value of the sale assets at approximately US$12.4 million to US$14.8 million, with the valuation and related profit forecast prepared in line with Hong Kong listing rules and international valuation standards.

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 Hong Kong–listed apparel company that focuses on premium segments, including outdoor and activewear categories. The group positions itself at the higher end of the market and targets customers seeking sophisticated, alternative-luxury products, particularly appealing to younger demographics such as Gen Z. Its business model emphasizes asset-light operations and partnerships with leading brands to expand its presence in fast-growing apparel niches.

Average Trading Volume: 173,071

Technical Sentiment Signal: Buy

Current Market Cap: HK$926.7M

For detailed information about 1346 stock, go to TipRanks’ Stock Analysis page.

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