IPO news and archive

Farfetch files for IPO

Farfetch Limited has confirmed its plans to go public in an F-1 form filed with the US Securities and Exchange Commission (SEC). The company aims to list on the New York Stock Exchange under the ticker FTCH. Rumors about the e-tailer going public have been around for quite some time. Founded in 2007 in the UK, Farfetch is a luxury marketplace...

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Mayhoola for Investments to float 25 percent of Valentino

London - Mayhoola for Investments, the Qatari owner of Italian fashion house Valentino, is reportedly set to launch an initial public offering (IPO) of the company sometime in the latter half of 2018. The Qatari investors aim to float at least 25 percent of Valentinos shares offer on Milan's main market, reported Reuters early Thursday morning....

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UPDATE: Valentino reportedly eyeing IPO in 2018

London - Luxury fashion house Valentino is reportedly mulling over an IPO in the second half of 2018, following the appointment of Sebastian Suhl as managing director of global markets. Set to begin his new role at Valentino in January, Suhl impending arrival at the luxury fashion house has led to fresh speculation that Chief Executive Officer...

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UPDATE: Footasylum headed for 171 million pounds valuation on AIM

London - Footasylum is headed for a market valuation of 171.3 million pounds when it floats on London's AIM next week. The footwear retailer is set to list on London stock exchange junior market on November 2, offering a combination of 26,474,380 new and 13,381,134 existing shares at 1.64 pounds per share. Upon admission to AIM, 63 percent of...

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Quiz prepares for 200 million pound IPO

London - Fashion retailer Quiz is gearing up for its upcoming listing on the Alternative Investment Market (AIM) on the London Stock Exchange, following news that its 102.7 million pound placing was successfully priced. The placing price for is set at 161p per share, giving Quiz a market capitalization of 200 million pounds at admission to the...

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SMCP considers public listing on Euronext Paris

London - SMCP is currently mulling over a public listing in Paris, as the group continues to grow thanks to an increasing appetite for its accessible luxury brands Sandro, Maje and Claudie Pierlot. The group announced its intention for a potential listing of its shares on Euronext Paris Wednesday evening, adding that it has the support of its...

BusinessFeatured

Could Farfetch be preparing for a 5 billion USD IPO?

London - Farfetch, the London-based online luxury retailer, is preparing itself for an IPO which could value the company up to 5 billion USD. The company is said to be in the process of hiring bankers to oversee its public listing in New York which could occur within 18 months, according to a report from Sky News. The move sees the online luxury...

Business

PETA take battles against Canada Goose's animal cruelty to the boardroom

London - PETA US has taken its fight against animal cruelty within the fashion industry to the boardroom. Following the initial public listing of outerwear company Canada Goose on the New York and Toronto Stock Exchange on Thursday morning, the animal welfare group invested 4,000 dollars (3236.8 pounds) in purchasing 230 shares in the company....

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Valentino says IPO is 'not on the table' for 2017

London - Valentino reiterated that an initial public offering (IPO) would not be occurring anytime this year, despite a solid increase in its profits and sales in 2016. "An IPO in 2017 is not on the table and we’ll see what happens in 2018," said chief executive officer Stefano Sassi to WWD. "We’ve shelved it because of market conditions. If...

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Snap prices IPO to give 24 billion dollars valuation

Snapchat parent Snap Inc. priced its share offering Wednesday to give the popular social network a market value of some 24 billion dollars. Snap said in a statement its initial public offering (IPO) share price was set at 17 dollars, above the expected range of 14 to 16 dollars, amid high investor demand. That will give the California startup...

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Exclusive: Woolrich plans future IPO on the Milan Stock Exchange

Florence - Woolrich International’s new strategy is coming into effect step by step, just a month and half after Woolrich Inc. and Woolrich Europe announced their merger into new holding company. At the end of November, Woolrich Inc., a “Made in the USA” outdoor apparel company, and Woolrich Europe, a subsidiary of the Bolognese Group W.P....

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Snapchat parent begins IPO process

Snapchat parent firm Snap Inc. has filed confidentially for a public share offering valuing the disappearing messaging platform at more than 20 billion US dollars, The Wall Street Journal reported Tuesday. The initial public offering (IPO) would be among the biggest in the tech sector in recent years and shine a light on the fast-growing...