THE RETAIL BULLETIN - The home of retail news
News
Insights
Solutions
Events
About Us
Subscribe For Free
Dusk drops plans for £300m London Stock Exchange float

Dusk has dropped plans for a £300 million float on the London Stock Exchange. According to a report by Sky News, the online homeware and furniture…

HOME & DIY

Dusk drops plans for £300m London Stock Exchange float

Dusk has dropped plans for a £300 million float on the London Stock Exchange.

According to a report by Sky News, the online homeware and furniture retailer has decided against pursuing an initial public offering (IPO) for the foreseeable future and will therefore remain privately owned.

Subscribe to TRB

The company had appointed two sets of investment bankers to advise on the potential move.

Sources close to Dusk told Sky News that the retailer was trading well but has decided to revisit an IPO at some point in the future.

In May, the company teamed up with online retailer Very to make a selection of its bestselling furniture, upholstery and textile products available to a new audience, launching with 170 lines on the platform.

It has also recently announced that it is entering the trade market through a new B2B division called Dusk Trade, that will run alongside its consumer channel.

author avatar
Angela Beevers Director of Content & Events Strategy
Angela Beevers is Director of Content & Events Strategy at The Retail Bulletin, where she has worked since 2011. She leads the publication's news team and oversees its daily coverage of the UK retail sector, from breaking developments to the early-morning release of retailers' trading updates and financial results. Over more than 15 years at The Retail Bulletin, she has interviewed many of the industry's most innovative founders and leaders. She also shapes content for The Retail Bulletin's events and leads delegate engagement for its most high-profile events. Her areas of focus include: Retail news · Trading updates and financial results · Retail leadership · Industry events
Subscribe For Retail News
Google News

Subscribe to our daily newsletter

Subscribe for free