LONDON — Fat Face, the British lifestyle and outdoor clothing brand and retailer, said Thursday it plans to proceed with an initial public offering on the London Stock Exchange that could raise up to 110 million pounds, or $185 million. The IPO will comprise an offer of at least 25 percent of its shares to institutional investors.
The brand, which is owned by private equity group Bridgepoint, indicated in January that it was considering an IPO. The company also said Thursday that it plans to expand into the U.S.
Hermès is launching a Laundromat pop-up shop in NYC - dubbed Hermèsmatic - where customers can bring their old scarves to be dip-dyed by an expert. Get all the details on WWD.com. #wwdnews (📷: @donstahl)