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Mountain Warehouse mulls £200m float

Outdoor clothing and equipment retailer Mountain Warehouse is considering a stock market float that could value the company at more than £200m.

Mark Neale, who founded the chain in the late 1990s, has hired investment bank Rothschild to advise on fundraising options, which could include an IPO.

Mountain Warehouse, which sells ski and hiking gear, has 226 stores, including 191 in the UK and the rest in the US, Canada, Germany and Poland.

Sales climbed 28.6% in the six weeks ending January 3, with like-for-like sales up 14.7% during the period.

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