IPO
This coverage examines initial public offerings (IPOs) in the UK retail sector, focusing on company valuations, market conditions, investor response, and strategic objectives. Reporting highlights how retailers prepare for and navigate IPOs as part of their growth plans — offering insight for executives, financial managers, and professionals involved in retail finance and corporate strategy.
-
Dec- 2023 -12 DecemberNews
Today’s news in brief-12/12/23
Fast-fashion giant Shein is reportedly exploring the possibility of an initial public offering (IPO) on the London Stock Exchange. Chairman Donald Tangmet reportedly met with LSE executives in London to discuss the potential move. The talks are said to have focused on a UK listing, with Shein also considering raising…
Read More » -
12 DecemberClothing & Shoes
Shein mulls London IPO
Fast-fashion giant Shein is reportedly considering plans for a London Stock Exchange flotation, Sky News has reported. According to Sky, Shein chairman Donald Tang met with LSE executives and other stakeholders during a visit to London last week to discuss the move. Sources told the publication that ensuing talks were…
Read More » -
Nov- 2023 -29 NovemberNews
Today’s news in brief-29/11/23
José Neves, the owner of luxury fashion site Farfetch, is reportedly in talks to take the company private, just five years after its IPO on the New York Stock Exchange. Farfetch has seen over 90% of its value wiped out since its listing in 2018. Neves, who holds a 15%…
Read More » -
9 NovemberDIY
B&M raises guidance as H1 sales rise 10%
B&M has upped its full-year outlook following a period of strong trading in H1, as sales rose by 10.4% to £2.5bn over the period. In the half-year ended 23 September 2023, profit-before-tax hit £222m, up from £201m the prior year, while adjusted EBITDA rose by 16.1% to £269m. In light…
Read More » -
Oct- 2023 -30 OctoberHigh Street
Cake Box appoints new chairman
Cake Box has announced the appointment of Martin Blair, currently non-executive director, as its new chairman. The appointment of Blair follows a thorough recruitment process carried out by the board over the last few months during which a number of external candidates were interviewed. Blair will succeed Nilesh (Neil) Sachdev…
Read More » -
Sep- 2023 -13 SeptemberClothing & Shoes
Birkenstock files for IPO
Birkenstock has filed for an IPO in New York, targeting a valuation of more than $8bn (£6.4bn), according to The Financial Times. The footwear company reportedly filed a confidential prospectus to regulators in July, but this public filing would allow the company to join the New York Stock Exchange from…
Read More » -
Aug- 2023 -22 AugustHigh Street
Cake Box like-for-like sales rise 6.8%
Cake Box’s franchisee stores reported a like-for-like sales increase of 6.8% for the first 17 weeks of FY24 ended 31 March, showing an increase from 5.4% like-for-like sales growth for the first 11 weeks. The specialist retailer of fresh cream cakes attributed its performance to tight cost control and proactive…
Read More » -
1 AugustClothing & Shoes
L Catterton eyes $8bn Birkenstock IPO
Private equity owner L Catterton is reportedly considering launching an initial public offering of German sandal retailer Birkenstock as soon as September, according to Financial Times. People familiar with the matter told the FT that L Catterton, who acquired a majority stake in Birkenstock in 2021, wants to value Birkenstock…
Read More » -
Jul- 2023 -7 JulyNews
ProCook appoints new CEO
ProCook Group plc, the UK’s direct-to-consumer specialist kitchenware brand, has announced the appointment of Lee Tappenden as the group’s CEO. The news comes after Daniel O’Neill’s indication earlier this year of his intention to step back from the CEO role, as set out in the group’s preliminary results announcement on…
Read More » -
Jun- 2023 -30 JuneNews
Global Fashion Group unveils changes to executive team
Global Fashion Group has made several changes within its executive team for the next phase of its development. Helen Hickman will succeed Matthew Price as CFO and join the executive team from August 2023. Price is leaving GFG after a handover period at the end of August, to pursue new…
Read More »
