IPO news and archive

Allbirds reportedly files confidentially for IPO

Sustainable footwear and apparel brand Allbirds could be the latest company to join the red-hot IPO market. The San Francisco-based company, which last year was rumoured to be in talks with banks over a potential flotation, has reportedly filed for a confidential IPO, WWD reports, citing top financial and industry sources. The company, which...

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Rent the Runway eyes 2021 IPO as it enters resale market

Fashion rental platform Rent the Runway is entering into the fast-growing resale market and is reportedly planning to float later this year in what will be the latest in a long string of fashion IPOs to take place during the pandemic. The New York-based online business is in talks with banks in preparation for a public launch that could take...

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What does JD Logistics’ IPO mean for the fashion industry

JD Group took its logistics brand public at the end of May in an initial public offering (IPO) in Hong Kong that gives the company a market capitalisation of around 33 billion dollars. The move confirms the importance of integrated, value chain in the fashion market. After pricing shares at the lower half of its indicative range (about 6 dollars...

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Global-e sets terms for initial public offering

Global-e, which provides brands and retailers with end-to-end localised cross-border e-commerce technology, has commenced its initial public offering on the NASDAQ. The Israel-based company plans to raise 360 million US dollars by offering 15 million shares at a price range of 23 to 25 US dollars. In addition, Global-e expects to grant the...

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ThredUp looks to raise up to 168 million dollars in IPO

Fashion resale platform ThredUp is aiming to raise up to 168 million dollars in its upcoming IPO. The US company said Thursday it plans to sell 12 million shares of its Class A common stock at a price of between 12 dollars and 14 dollars, the upper range of which would raise 168 million dollars and value the business at around 1.3 billion...

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All you need to know about Dr. Martens’ IPO

Beloved boot brand Dr. Martens offered some cheer to battled trading floors on the last Friday of January when it launched its initial public offering (IPO) on the London Stock Exchange. Here is everything you need to know about the second fashion IPO of 2021. “We have been delighted by the strong levels of interest, engagement, and support from...

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Mytheresa raises IPO price to 26 dollars a share

Mytheresa has upped the pricing of its shares ahead of its IPO. The German luxury e-tailer plans to sell around 15.6 million American depositary shares (ADS) which will now cost 26 dollars apiece, compared to the range of between 16 and 18 dollars it announced last week. The company, which first announced plans to go public late last year, will...

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The Very Group mulls IPO

The owners of British online retailer The Very Group are reportedly mulling an IPO that could value the business at 3 billion pounds. The Barclay family is in the early stages of deciding whether to take the group public amid soaring investor interest in online retailers, Sky News reports. The Very Group has been one of the success stories of...

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Dr Martens confirms plans to float on London Stock Exchange

British footwear brand Dr Martens has confirmed plans to float on the London Stock Exchange. The company had already said it was “considering” a floatation, but on Monday confirmed the news in a statement. An offer price for the shares was not disclosed. Dr Martens plans London Stock Exhange IPO The bootmaker, which is owned by private equity...

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Mytheresa announces pricing of US IPO

German luxury fashion e-tailer Mytheresa has revealed the pricing of its IPO that it announced at the end of 2020. The retailer said it plans to sell around 15.6 million American depositary shares (ADS) at between 16 and 18 dollars each. The company will be listed on the New York Stock Exchange under the ticker symbol ‘MYTE’. Mytheresa, which...

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Mytheresa files registration with the SEC for proposed IPO

Mytheresa is going public. Its parent company, MYT Netherlands Parent B.V, has publicly filed a registration statement on Form F-1 with the U.S. Securities and Exchange Commission relating to a proposed initial public offering. The number of shares to be offered and the price range for the IPO has not yet been determined. Morgan Stanley & Co....

Podcast

The Market for Fashion IPOs in Brazil Heats up

This month’s Fashion Friday podcast series by Euromonitor International analyses why the Brazilian fashion market faces such a high number of IPOs in the industry, even amidst COVID-19. Euromonitor International · Fashion Friday: The Market for Fashion IPOs in Brazil Heats up Despite Brazil’s weak economic growth since 2014, the financial market...