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Manchester United priced $ 14 lower than expected

Michael Kors Clutches Manchester United (NYSE: MANU,) IPO release pricing of $ 14 per share, below the lower limit of the original price range 16 dollars to 20 dollars, the lead underwriter, said the move was to ensure the quality of --Michael Kors Clutches-- investors to help market outlook, stock price performance. This Manchester United listed global take the lead bookrunner Jefferies Jefferies Financial Group Asia CEO Wang Ren told financial reporters, in fact, can also be priced at $ 16, the reason is priced at $ 14, in order to guarantee the performance of the market outlook, some common Investors pull in, so to reduce the price some. "Investors are pricing very satisfied and with already attained over-subscribed. In fact, in the U.S., the past, final pricing is also more common when the guide price range above or below, this is not a special case." Wang Ren said . Manchester United during the roadshow, the several underwriters and fund managers who will Manchester United respectively, positioned as a --Michael Kors Crossbody--consumer products company, new media companies, e-commerce company. Wang Ren, the Manchester company is unique, the general as a mixture of consumer goods and new media industry, with reference to company MichaelKors company is also a brand of consumer goods and new media companies such as Facebook, LinkedIn. At Manchester United last $ 14 pricing, corresponding to an EBITDA of about 10 times the valuation is relatively low, and consumer goods industries like some. Manchester United in the New York Stock Exchange according to plan will be issued 1670 shares, the financing of $ 233.2 million. This makes the valuation of the British football club to reach $ 2.3 billion. It is understood that after the IPO, new investors will hold 42 percent of Manchester United's class A shares, according to the design of the dual ownership structure (class A shares and Class B shares voting rights ratio 1:10), the new investors a total of --Michael Kors Hamilton--only 1.3 % of the voting rights, the Glazer family, in addition to holding 58 percent of the Class A Shares held by all Class B shares, a total of 98.7% of the voting rights, similar to the dual ownership structure of recent IPO companies, including Facebook, Groupon, Zynga . Manchester United Football Club (hereinafter referred to as the Manchester United) for the English Premier League club. The Glazer family in 2005 to £ 790 million yuan will be Manchester United buyout, but the vast majority of this funding comes from bank loans, so that the team carry a heavy debt burden. Manchester United the flow of debt of 437 million pounds (about $ 684 million), half of the IPO net amount of financing the debt, half of the flow into the pockets of the Glazer family, is expected the remaining debt will be reduced to 346 million pounds ($ 543 million) interest rate of 8.5% annual interest burden of about 30 million pounds.-- lien --

 

Eight luxury brand bags signature style

Luxury consumption by the vast majority of people, that is a bag. Some say: "The bag is the best pet for a woman." But how to pick out the most in the package the sea for their own bag? The best way is to recognize the classic and select classic. Individual needs to create unique global spread, various brands have introduced different materials refurbished classic, limited --Michael Kors Clutches--edition, not only in the number of rare, is worth noting that the design implications. The truly classic design, never out of trend. Christian Dior In 1947, Dior launched the the NewLook give women a new look, to rebuild post-war female beauty. Designed in 1995, the elegant female package Lady Dior (Diana package), and Diana, Princess of Wales has a special legend. Dior corporate sponsorship of the Cezanne exhibition on display in the Grand Palais in Paris, the opening ceremony Mrs. Chirac presented to the Princess Diana Dior new package. Dior soon this has not yet named the new package, dubbed Lady Dior's elegant name has become now the Dior mainline sales paragraph bag one. Hermes Hermes story from the Second Empire France (1852-1870), an advanced harness shop to kick off. Hermes is the most classic two packages for the 1935 listing of the Kelly bag (Kellybag) - especially designed for the Morocco--Michael Kors Crossbody-- Princess GraceKelly, bags, is Hermes, Zhendian, Po. Prada Prada, started to produce a series of travel handmade leather goods, fine arts heritage, coupled with MiucciaPrada subvert the traditional aesthetics of creativity, Prada rapid rise in the fashion circle. Prada jacquard logo bag, Miuc-ciaPrada the original essence of reproduction, jacquard fabric woven during the Prada logo cleverly weaving, highlighting the retro fashion. Celine 2005 commemorate the 60th anniversary of the founding of the Celine brand. Three different--Michael Kors Hamilton-- Paris woman --- Fashion Museum PAMELA, VALERIE of photographers, writers CLEMENCE assist in the of CELINE studio and production plant, each designed their dream of owning a perfect handbag. Gucci The most successful examples of the last century, the 1990s wave of brand transformation, none other than the non-Gucci. Design director at that time the TomFord contributed to create a modern, sexy, glamorous and in a new modern image. Gucci Jackie package is well-known on behalf of Gucci style. This bag is known to get a special favorite of Jacqueline Kennedy, followed by the resulting models derived to design a series of related styles. Tod's Tod'' s set up but more than 20 years, but the creation of the Tod's brand dellavalle family has more than 100 years of leather making history. The soft lined NewDbag is both beautiful and functional classic bag models. Fendi History of 80 years, the Fendi most familiar with is the double F logo. The face of opposition from environmentalists, has always been the fur center of gravity for the development of Fendi to rethink the future direction of designer Silvia--Michael Kors Jet Set Tote-- tried to join in the popular sense of fashion design, a large number of silk, precious stones and shining knitting in terms of material, reduce the use of fur. Fendi's Spy series to tie in with the changing images of "female spy", the introduction of a variety of secret pocket design inspiration, models handbags. Louis Vuitton 1837 16-year-old LouisVuitton come to Paris to begin production for the nobility portmanteau. Today, LV bag is still the French the LouisVuitton original master hand Manufacturing. Hepburn LVMonogram Speedy, called LV's best-selling star goods, in fact, it was the response to customer requirements for custom. This guest is none other than carrying a LV suitcase away in the movie "Roman Holiday" Audrey Hepburn. Speedy is the most powerful, both stiffness can be folded flat to facilitate the journey incorporated.-- lien --

 

Christian Louboutin et YSL rouge marque un vif débat dans les tribunaux

christian louboutins, Il n'ya pas longtemps, des poursuites Christian Louboutin de YSL en 2011, la gamme de produits de croisière à une violation --chaussures louboutin-- de sa marque rouge. Récemment, scène intéressante dans un tribunal de New York de Christian Louboutin, YSL si celui-ci a violé les droits de marque de l'ancienne avait une défense chauffée. Selon les rapports WWD renvoyés de la cour, le juge arbitre Victor Marrero que ?hauts talons rouges et sandales sont partout." Elle a même souri et soupir "de bonnes chaussures et beau!", Afin de détendre l'atmosphère du tribunal. YSL avocat David --christian louboutin france-- Bernstein a soutenu que son client YSL Depuis sa création en 1962, a été en utilisant une couleur rouge comme son représentant. Même le roi fran?ais Louis XIV (14) (KingLouis XIV) et "Le Magicien d'Oz" Gale Dorothy a une chaussure à semelle rouge. Il a continué à remettre en question à la marque rouge Louboutin, et la question que tout concepteur, on peut occuper une couleur? "Nous ne l'ont pas entendu parler de ce qui le tribunal détermine la violation d'un peu de couleur sur le vêtement de la même semaine, Valentino président honoraire Giancarlo Giammetti et attiser le feu à-dire, si nous disons la --Louboutin Homme-- compagnie qui devrait occuper le rouge, il certainement Valentino. C?té de la galerie demandeur, Louboutin avocat Harley Lewin a affirmé que son client n'aime pas l'argument de YSL induit en erreur quant vous voulez propre possession rouge YSL ne pas utiliser les millions d'espèces de rouge pour imiter le Louboutin un représentant, de graves dommages à soigneusement cultivée dans lequel la réputation "at-il souligné en outre que:". Si le tribunal ne fait pas obstacle à ce comportement de l'YSL, les imitateurs seront les entourait, Louboutin affaires complètement détruit. " Fashion-droit site a indiqué que "ne peuvent pas réfuter la preuve présentée par Louboutin, YSL prévarication --Christian Louboutin Homme-- dit:"tendances de la mode de telle sorte que nous faisons"- cela est vrai et faux" crimes de mode "l'excuse parfaite! -- lien --

 

Braccialini2012 nuova borsa estiva

Braccialini, Splende luminoso in estate, la spiaggia non è come! Sole, spiaggia, bikini ... con colori vividi e brillanti Qin --Braccialini-- blu foto mare emergeranno davanti, hai una borsa adatta vero? Non importa, il Braccialini ti indicherò. Creativo dal pacchetto navi Braccialini TEMI serie in questione Barca pacchetto caldo auto con lo stesso scopo. Baoshen dispone di una completa forma tridimensionale, naturalmente bianco e colore blu tagliata fuori dall'oceano un certo senso è stato incredibile. In dettaglio, la parte superiore del camino in metallo, l'ancoraggio delle parti dello scafo degli accessori di piccole dimensioni sono squisiti squisito Braccialini --Braccialini borse-- pacchetto Ms. anche con la mai permesso in modo tempestivo con l'aggiunta di Bunting, borse intere utilizzo continuo e rinfrescante di colore per l'estate con ad un tocco di fresco, non può fare a meno di rendere le persone senza fiato in ammirazione. 2012 estate, il nuovo Braccialini anima del mix mare azzurro e bianco, completata da una sofisticata tessitura, mostrando una combinazione senza tempo di blu e bianco, mano per portare i tratteggiate giallo e fresco il giusto calore, come se il cielo blu e nuvole bianche la spiaggia del mare, portare il giusto coronamento al vostro viaggio --Braccialini outlet-- spiaggia. La parte posteriore di uno zaino, chiudete gli occhi, sentire il sapore della brezza marina umida? Tua by Braccialini è portare la serie Love Boat borsa piena di atmosfera balneare. Il mare senza tempo anima strisce blu e bianche far sentire bene, il disco positivo logo il colore rosso, bianco e blu è fresca e accattivante pacchetto al di là dei delicati pendenti timone carne più chi cerca per la spiaggia. Pacchetto con in nodi speciali con dettagli unici, la gente non può fare a meno di pensare alla lavagna le redini, il sapore ancora di più. La multa tecniche di tessitura con un colore selvaggio, e poi mescolato con un delicato striscioline tessuti come il vento tessuto onda di quest'anno di rinnovata popolarità di tessuti dolce, calda e colorata sarà il vostro --braccialini 2012-- estate con la più splendida. Il braccialetto a forma di cuore pieno di giocosa, serie pacchetto calda e vibrante Hearts rivelando bella in un'atmosfera elegante. Un intruglio di prua, fiori, bottoni, pizzi e altri elementi da utilizzare, il collo deve aggiungere elementi più divertente. Colori vivaci, il tipo di pacchetto leggero, fanno risplendere la vostra spiaggia estate vestito. -- lien --

 

Le style Star sur un budget: Britney Spears

Robes de soirée pas cher, Britney Spears a eu de nombreux ratés de la mode, mais quand elle a secoué un corps noir avec robe consciente détail --Hervé Léger outlet-- froid le long du décolleté, elle cloué! La pop star portait un corps noir serrant Herve Leger by Max Azria robe lors d'auditions pour "The X-Factor". La robe a également présenté des détails intéressants le long de l'encolure qui ajoute une certaine apreté à la robe. Un étreindre le corps et le corps conscient robe noire avec des détails sur le décolleté est une grande robe pour une nuit sur la ville en s'amusant. Charlotte Russe cou de réseau corps-con robe 28,99 $ fera l'affaire!--Hervé Léger-- Le corps noir raccord robe a un grand ajustement, mais la star de la robe est l'encolure en treillis à lanières qui est visuellement superbe. C'est une robe cool à regarder! Ensuite, relier votre robe avec une paire de talons génial. Le plus funky, mieux c'est! GoJane.com a clouté retour des talons pour 40,20 $, qui sont un ajout amusant à n'importe quelle tenue. Les noirs t-strap talons disposent d'une charmante peep-toe, un épi fabuleuse et féroce embelli le dos, et refroidir les talons de 4,5 pouces. Qu'est-ce une paire de talons! Enfin,--Robes de soirée pas cher-- choisissez un anneau cocktail funky et amusant pour votre look. La bague laquée zèbre pour 3,80 $ à Forever 21 spectacles et de la personnalité comme funky. L'anneau polonais de haute dispose de la tête d'un zèbre. Trop mignon! Votre robe, talons, et la bague de cocktail sont la définition de plaisir! -- lien --

 

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