IPO news and archive

Klarna pauses IPO plans amid tariffs uncertainty

Buy-now, pay-later platform Klarna has reportedly pressed pause on its plans for an initial public offering (IPO) amid ongoing uncertainty surrounding global tariffs. People familiar with the matter had told The Wall Street Journal (TWSJ) that Klarna was halting its pursuit of a US listing, which had initially been scheduled to take place this...

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Shein chairman confirms IPO plans

Fast fashion giant Shein has confirmed plans to float on the stock market. In conversation with The Times, executive chairman Donald Tang said he wished for the Singapore-headquartered firm “to embrace the accountability and transparency of being a public company”. Tang declined to comment on the timing, valuation and destination of the listing,...

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Shein attempts to reassure investors as IPO faces uncertainty

Shein, China's much-maligned fast fashion giant, is trying to reassure investors after US President Donald Trump's decision to end the de minimis regime, which exempted low-value imports from China from customs duties. The move could significantly impact the company's business model, as it prepares to go public in London. In a letter to...

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Shein delays London IPO due to strict approach from Trump

Shein's initial public offering (IPO) in London is facing yet more delays. The fast-fashion giant initially aimed to list on the London Stock Exchange around Easter 2025 (approximately April 20). However, according to the Financial Times (FT), the Chinese company will reportedly miss this target due to "Trump's crackdown on low-value packages"....

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Shein IPO faces lawsuit from workers’ rights NGO

Shein is facing further obstacles when it comes to pursuing its reported 50 billion pound IPO in the UK. NGO Stop Uyghur Genocide (SUG) is said to be considering legal options to increase pressure on the region’s Financial Conduct Authority (FCA) if a flotation is approved. SUG has issued a 14-day deadline to the FCA to respond to its pre-action...

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Castore plans store openings as December revenues grow, reportedly considering flotation

Sportswear brand Castore has reported its “strongest ever sales performance” for the Christmas trading period, with “record” revenues up 16 percent year-on-year over the month of December. The company said the increase came as a result of a “resilient” sportswear market, backed by customers continuing to prioritise their health and wellbeing....

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Unwrapping in 2025 – Eyebrow raising IPOs: From Shein’s controversy to Nordstrom’s private pursuit

The landscape of IPOs has twisted and turned over the last year as the market undergoes continued challenges. Yet, this landscape has seemingly not made the pursuit of a public listing any less appealing to those hoping to bolster their positioning. FashionUnited takes a look at what is on the horizon as the biggest stories of this year continue...

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Shein reportedly mulling less than 10 percent share sale ahead of London IPO

Chinese fast fashion giant Shein is believed to be mulling a request to UK regulators to waive listing rules requiring at least 10 percent of its shares be sold to the public ahead of its London IPO. This is according to Reuters, which cited two sources with knowledge of the matter, one of whom said Shein was exploring this option to facilitate...

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Delta Galil moves towards US IPO with confidential filing

Delta Galil Industries has confidentially submitted a draft registration statement on form F-1 with the US securities and exchange commission eyeing a proposed US initial public offering (IPO) of its ordinary shares. However, the company said in a statement that the number of ordinary shares to be offered, the price range for the proposed...

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Shein IPO reportedly facing regulator delays due to NGO concerns

Financial regulators in the UK have delayed their approval of Shein’s IPO after it faced challenges from advocacy groups with anti-slavery stances. According to sources for Reuters, the Financial Conduct Authority (FCA) is believed to be checking the fast fashion giant’s supply chain oversight and assessing possible legal risks in relation to...

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Groupe Dynamite debuts 215 million dollar IPO

Canadian fashion retailer Groupe Dynamite has launched its 300 million Canadian dollar (215 million US dollar) initial public offering on the Toronto Stock Exchange, which upon entering shares fell 2 percent. The company began trading on Thursday under the ticker symbol GRGD, with underwriters agreeing to trade over 14.2 million subordinate...

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Groupe Dynamite eyes 1.7 billion dollar valuation in new IPO

Canadian retailer Groupe Dynamite has announced the launch of its initial public offering (IPO) in its home region, with which it is targeting a price of between 19 and 23 dollars per share, potentially raising approximately 300 million dollars. This would put its valuation at around 1.7 billion dollars. According to the company, which owns...