On August 1, 2011, the Company completed an initial public offering in which 22,250,000 shares of common stock were sold at an initial public offering price of $19.00 per share. Immediately prior to the offering, each share of the Company's Class L common stock converted into 2.4338 shares of common stock.
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accessories in Retail (Ã¦ksÉsÉriz) noun. ( Retail : Products ) Accessories belong to a product category in fashion stores, which includes items such as scarves, hats, gloves, belts, and purses. Retail sales of both men's and women's fashion accessories finished the year on an up note, with hats and scarves the bestselling products.