London Stock Exchange news and archive

Superdry extends PUSU deadline

British retailer Superdry has been granted an extension of its PUSU deadline as discussions surrounding a potential offer for the company remain ongoing alongside its turnaround plan. Earlier this month, the company confirmed that it was exploring a possible buyout after a request by founder Julian Dunkerton to the board was approved, allowing...

Business

Shein reportedly in talks for London listing

Fast fashion giant Shein is understood to be considering a London public listing, despite previously being reported to have filed documents for a New York float. The company’s executive chairman, Donald Tang, is said to have met with the London Stock Exchange and other UK-based stakeholders, according to Sky News, fueling the additional listing...

Business

Asos makes stock exchange listing move

Fashion e-tailer Asos has confirmed it will be delisting the company’s Ordinary Shares on AIM from February 21. The retailer will be admitting the shares to the premium segment of the Official List of the Financial Conduct Authority (FDA) and to trading on the Main Market of the London Stock Exchange effective from the morning of February 22. It...

BusinessFeatured

Joules to float on Aim at 160p a share

British lifestyle retailer Joules, which is set to float on the London Stock Exchange junior Aim market, has set the placing price at 160 pence per share, valuing the company at 140 million pounds. Joules aims to raise approximately 77.5 million pounds through its initial public offering, and the retailer expects admission to the Aim market to...

BusinessFeatured

Joules confirms plans to float on Aim

British fashion and lifestyle retailer Joules, known for its colourful country-inspired clothing, has announced plans to float on London Stock Exchange’s Aim market. The fashion retailer said that the initial public offering will take place in the second quarter of 2016, with a valuation of 140 million pounds. The listing will see founder Tom...

Retail

Fashion brands among UK’s most ‘inspiring’ companies

Sportswear retailer Sweaty Betty, menswear brand Pretty Green and plus-size specialist Yours Clothing were among the fashion businesses identified by the London Stock Exchange Group in its annual ‘1,000 Companies To Inspire Britain’ report. The report, which receives cross-party support and backing of UK’s major business bodies, identifies the...

Design

Mulberry named as a company to inspire

British heritage brand Mulberry, along with premium high street retailer Whistles and online fashion retailer Boohoo all feature in a report listing 1,000 companies to inspire Britain by the London Stock Exchange. Mulberry is among a number of fashion retail companies to be singled out in the ‘1000 Companies to Inspire Britain’ report, which...