Hardy Amies IPO

The British fashion house Hardy Amies is set to float on the London Stock Exchange at the end of the month, the company revealed this week.

The company raised GBP2.5 million before the float, which will be used to continue to build the brand. Further to this, the company has announced that it has signed the licensing agreement with Stuncroft Brands Ltd to produce and manufacture a men's ready-to-wear line. The company is also considering doing the same for women.

Chairman and CEO Tim Maltin told Women's Wear Daily, "We are, on the one hand, a couture house, and on the other, an intelligent licensing operation. And these deals lie at the heart of our expansion strategy."