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That was until this week, when the company decided to pull its listing in the final hours of Wednesday, blaming market conditions. In the coming weeks, a string of European companies are slated to come to market. Among them is CVC Capital Partners, which is still planning a November listing depending on market conditions, a person with knowledge of the matter told Reuters. However, the fate of Renk highlights the challenges facing new issuers, exacerbated by a recent bout of volatility in equity and debt markets. On Thursday it was trading around its opening IPO price at 30 euros, still above its issue price, a positive sign.

Persons: Andreas Bernstorff, Germany's DAX, Susanne Wiegand, Schott, Perfumery, Douglas, Emma, Victoria Farr, Pablo Mayo Cerqueiro, Alexander Huebner, Anousha Sakoui Organizations: Capital Partners, Reuters, Equity Capital Markets, BNP, Renk, Rheinmetall, Schott Pharma, DKV, CVC Capital Partners, Paris bourse, Thomson Locations: FRANKFURT, LONDON, Frankfurt, U.S, Europe, East, Africa, European, Germany, York, Lincoln

☆ Fendi takes contemporary haute couture lineup to Palais Brongniart in Paris
▼ + stars: | 2023-07-06 | by ( Mimosa Spencer | ) www.reuters.com time to read: +2 min

[1/5] A model presents a creation by designer Kim Jones as part of his Haute Couture Fall/Winter 2023-2024 collection show for fashion house Fendi in Paris, France, July 6, 2023. REUTERS/Sarah MeyssonnierPARIS, July 6 (Reuters) - Italian fashion house Fendi took to the former Paris bourse headquarters on Thursday for its fall haute couture catwalk show, where designer Kim Jones showed a contemporary lineup of light, sensual gowns for formal occasions. Models marched steadily down the marble runway of a stark, white space set up in the neoclassical Palais Brongniart while dramatic opera singing played on the soundtrack. Jones, who is also creative director for the menswear line of Dior, another LVMH-owned fashion house, took his bow with Delfina Delettrez Fendi, artistic director of jewellery. The Paris haute couture shows wrap up Thursday, having featured labels Giorgio Armani Prive, Kering-owned (PRTP.PA) Balenciaga, Dior, Valentino and American fashion house Thom Browne.

Persons: Kim Jones, Sarah Meyssonnier PARIS, Fendi, Jones, Dior, Delettrez, Shakira, Naomi Watts, Giorgio Armani Prive, Valentino, Thom Browne, Mimosa Spencer, David Holmes Organizations: Haute Couture, REUTERS, Paris bourse, Thomson Locations: Paris, France

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