float news and archive

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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Business

Joules names advisers for 150 million pound float

British lifestyle brand Joules has named a team of advisers ahead of its impending stock market float. The fashion retailer, best known for its colorful prints and wellingtons, has appointed stockbrokers Peel Hunt and Liberum to handle its initial public offering set to take place in April or May, reported the Sunday Telegraph. Previous reports...

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Business

Is Valentino headed for an IPO?

London - Rumour has it that the owners of Valentino Group SPA are currently exploring options for an initial public offering of the Italian fashion house, which could value the fashion house at 2 billion euros. Qatari-owners, investment firm Mayhoola, are said to working alongside with Rothschild for a potential IPO reported Bloomberg. Mayhoola,...

Fashion

Prada float imminent

Prada is thought to be seeking advice for going public, and could be worth 4 bn euros, according to financial reports. The Italian fashion house famous for its black nylon bags may sell shares in the first half of 2008 to cut debt and finance expansion, a Bloomberg report stated, declining to be identified because the plans aren't final. "Prada...