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China-based menswear designer Zuoan Fashion files for $100 million IPO

January 4, 2011
ZA

Zuoan Fashion Limited, a casual menswear designer and manufacturer in China that sells its products through 10 distributors and 31 direct stores, filed on Tuesday with the SEC to raise up to $100 million in an initial public offering. The Shanghai-based company, which was founded in 1999 and booked $104 million in sales in 2009, plans to list on the NYSE under the symbol ZA. Cowen & Company is the lead underwriter on the deal, for which pricing terms and timing were not disclosed.