A double-digit drop in the number of in-store crimes was offset by a jump in off-premises attacks, JSA’s 2023 crime report shows.
Etsy moves to become a public company
The online marketplace filed a registration statement with the SEC Wednesday relating to a proposed initial public offering of its common stock on NASDAQ under the ticker symbol “ETSY.”
Brooklyn, N.Y.--Online marketplace Etsy has taken its first step toward going public, though the number of shares to be offered and the price range for the proposed offering have not yet been determined.
The company filed a registration statement with the U.S. Securities and Exchange Commission on Wednesday, relating to a proposed initial public offering of its common stock on NASDAQ under the ticker symbol “ETSY.”
Etsy said it plans to reserve a portion of the shares to be sold in the offering through an IPO participation program for individual purchasers. The program will be administered by Morgan Stanley, which also is acting as joint book-running manager for the proposed offering along with Goldman, Sachs & Co.
Allen & Company is acting as co-manager.
According to its Form S-1 filing, Etsy generated revenue of $195.6 million in 2014, 56 percent more than the $125 million it made in 2013.
Etsy is seeking to go public with a single class of stock, according to Forbes, meaning management won’t be insulated from hedge fund investors of interested corporate buyers. The company also is looking to be the first publicly traded B-Corporation, meaning they have been certified by nonprofit B-Lab for social and environmental performance.
Etsy, which touts itself as a peer-to-peer e-commerce website focused on handmade and vintage items and supplies as well as unique factory-manufactured items, sells a range of products that includes fine jewelry.
The offering will be made only by means of a prospectus, Etsy said, and a preliminary copy may be obtained from Goldman, Sachs & Co. by contacting 1-866-471-2526 or prospectus-ny@ny.email.gs.com.
The Latest
Inspired by the Roman goddess of love, the designer looked to the sea for her new collection.
The selected nine organizations have outlined their plans for the funds.
With Ho Brothers, you can unlock your brand's true potential and offer customers the personalized jewelry experiences they desire.
The mining company’s Diavik Diamond Mine lost four employees in a plane crash in January.
The crown introduced a dozen timepieces in Geneva, including a heavy metal version of its deep-sea divers’ watch.
Emmanuel Raheb recommends digging into demographic data, customizing your store’s communications, and retargeting ahead of May 12.
For over 30 years, JA has advocated for the industry, fought against harmful legislation and backed measures that help jewelry businesses.
Located in the town of Queensbury, it features a dedicated bridal section and a Gabriel & Co. store-in-store.
A 203-carat diamond from the alluvial mine in Angola achieved the highest price.
Ruser was known for his figural jewelry with freshwater pearls and for his celebrity clientele.
The “Rebel Heart” campaign embodies rebellion, romance, and sensuality, the brand said.
Editor-in-Chief Michelle Graff shares the standout moments from the education sessions she attended in Austin last week.
The overhaul includes a new logo and enhanced digital marketplace.
The money will go toward supporting ongoing research and aftercare programs for childhood cancer survivors.
A new addition to the “Heirloom” collection, this one-of-a-kind piece features 32 custom-cut gemstones.
Last month in Dallas, David Walton pushed another jeweler, David Ettinger, who later died.
The move will allow the manufacturing company to offer a more “diverse and comprehensive” range of products.
From now through mid-May, GIA will be offering the reports at a 50 percent discount.
De Beers’ rough diamond sales were down 18 percent year-over-year in its latest round of sales.
Sponsored by the Las Vegas Antique Jewelry & Watch Show
The Patek Philippe expert will serve as personal curator for the brand-focused company.
The 553-square-foot shop is aboard the Carnival Jubilee cruise ship.
NDC filed a complaint against Skydiamond for use of phrases like “diamonds made entirely from the sky.”
John Carter received the AGS’s highest honor Tuesday afternoon at Conclave in Austin, Texas.
B&D Sales and Service held a ribbon-cutting event for its new location in Cranston, Rhode Island.
It’s ultra-feminine and filled with gold, pearls, and soft pastels.