Cole Haan had initially planned to launch its IPO  beginning of March, but the company is said to have made the decision after the S&P 500 U.S. stock market index lost close to 12% of its value at the end of February, the fastest such correction on record, according to local media reports. Private equity firm Apax Partners purchased the New Hampshire-based company from global sportswear Group Nike in 2012 for US$570 million. Cole Haan had filed IPO paperwork in mid-February after demonstrating growth under Apax’s ownership.

Sources: Pitchbook/CNBC