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Fila offering does better than planned Athletic wear firm gets slightly higher price for its ADRs October 18, 1995By Timothy J. Mullaney Timothy J. headquarters are in Hunt Valley. The anticipated price headed into the offering had been $38, so the upward nike careers nudge added more than $3 million to the pot. Another 1.35 million American depositary receipts were offered to investors outside the United States and Canada. In the prospectus for the offering, the company said it would sell 1.5 million American depositary receipts and its controlling shareholder, the Italian conglomerate Gemina SpA, would sell 3 million ADR shares. Gemina now owns 54.7 percent of Biella, Italy nike gym bag based Fila. department stores; open flagship boutiques in New York and in Korea, which this year passed Italy as the company's second biggest market; expand warehouses; and add high tech customer inventory tracking designed to restock Fila products more efficiently. sales and 16 percent of its sales overall. Fila also nike j crew sneakers plans to spend about $1.2 million on a cosmetics venture and to invest in a joint venture to make sunglasses.