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Graff Eyes HK IPO to Add Sparkle, Speed Growth
Nov. 21, 2011 01:32PM PST
Gem InvestingReuters reported Graff hopes a planned Hong Kong IPO will bolster its position in a fast-changing diamond industry.
Reuters reported Graff hopes a planned Hong Kong IPO will bolster its position in a fast-changing diamond industry.
As quoted in the market news:
The privately-held diamond and precious gems firm founded by Laurence Graff in 1960 has found it tough to compete with large, well funded brands on a global scale to secure coveted retail locations due to their ample cash flows and business support.