Your browser is no longer supported. For the best experience of this website, please upgrade to a newer version or another browser.

Your browser appears to have cookies disabled. For the best experience of this website, please enable cookies in your browser

We'll assume we have your consent to use cookies, for example so you won't need to log in each time you visit our site.
Learn more to float next year

Young fashion etailer is planning to float next year.

The company, which launched in 2006, will list on the stock market from the first quarter of next year.

Boohoo has hired Zeus Capital as advisers to help with the listing.

A spokesman for the private equity firm said: “Zeus has conducted test marketing with cornerstone investors and it has been very well received.”

The move confirms rumours that go back as far as August that the internet retailer was planning to list on the London Stock Exchange, and had appointed Zeus to explore strategic options.

Boohoo grew pre-tax profits by 79% to £248,790 for the year to 29 February 2012, with sales up to £29m.

It is the latest in a line of retailers to have considered floating in recent months. Womenswear retailer Bonmarché announced plans for an IPO in October before listing last week. House of Fraser and etail group The Hut are among the retailers also planning to float next year.

Have your say

You must sign in to make a comment

Please remember that the submission of any material is governed by our Terms and Conditions and by submitting material you confirm your agreement to these Terms and Conditions. Links may be included in your comments but HTML is not permitted.