Boohoo confirms £560m listing next week March 7, 2014 Online fashion website Boohoo has confirmed this morning that it’ll debut on London’s Alternative Investment Market (Aim) market next week, with a market cap of £560m. Shares will be trading from next Friday, with 600m placed at 50p each, raising £300m. The firm’s got plans to spend £50m of what’s raised via the flotation on [...]
BooHoo to IPO with ex-Asos boss at helm February 25, 2014 ONLINE fashion retailer BooHoo.com has appointed Peter Williams as chairman ahead of its IPO which is expected in early March. Williams is a former director of rival fashion site Asos, which floated ten years ago and is currently worth around £6bn. He is a stellar hire for the group and widely hailed as one of [...]
Former Asos director to head Boohoo for £500m IPO February 25, 2014 Ex-Asos director Peter Williams is to become chairman of Boohoo.com – a rival online fashion store – as it finalises listing plans valuing it at £500m, Sky News understands. Williams, a seasoned retailer who left the Asos board last year, is to take the reins as the company prepares to float on the stock market. [...]
How Boohoo’s joined the queue of retailers flocking to market February 17, 2014 ONLINE fashion retailer boohoo.com is being groomed for a snap stock market flotation next month, joining the stampede of retail companies marching towards a London market listing this year. Boohoo.com, which is run by Manchester-based co-founders Carol Kane and Mahmud Kamani, is working with its financial broker Zeus Capital on plans for an initial public [...]