JD Sports founders said to be exploring Footasylum IPO

The founders of JD Sports, John Wardle and David Makin are contemplating floating Footasylum, a premium fashion store chain, on the London stock exchange, Sky News reports. It adds that the duo could reap benefit of millions of pounds through an initial public offering (IPO) of Footasylum, anticipated at a value of about 150 million pounds (196 million dollars).