Perfect Moment Goes Public with Celebrity Backing

Luxury outdoor clothing brand Perfect Moment, supported by Priyanka Chopra Jonas and Nick Jonas, debuts on the New York Stock Exchange.

Perfect Moment Ltd. begins trading on the NYSE, raising approximately $8 million from its IPO.
The funds will be used for expanding the U.S. team, opening stores globally, and developing new products.
Priyanka Chopra Jonas and Nick Jonas are among the investors, holding about 2.5% of the company.
The brand has seen significant growth, with a 43% increase in revenue in the last fiscal year.
Plans include opening freestanding stores and expanding into swimwear, activewear, and lifestyle products.