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GoNature treks to Hong Kong in search of investor dollars

The budget outdoor wear seller and IPO candidate is growing fast, but comes with red flags in the form of high inventories and long turnover times.

This article only represents the author's own views.

The avid outdoor person doesn’t give up easily, often trying several times before scaling a peak, catching a prize fish or completing a racecourse. The same could be said of GoNature Outdoor Sports Group Co. Ltd., which last week applied a third time for a Hong Kong IPO, aiming to impress investors with its strong growth fueled by booming interest in the outdoors among young Chinese millennials and Gen Z-ers.

Previously known as Pelliot Outdoor Sports Group, GoNature’s latest prospectus shows a physically fit company both in terms of revenue and profits.

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咏竹坊

咏竹坊(官网链接)提供在香港和美国上市的manbetx3.0 企业相关新闻,重点关注中小企业和筹备上市的公司。

Bamboo Works (official website) provides news on Chinese companies listed in Hong Kong and the United States, with a strong focus on mid-cap and also pre-IPO companies.

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