One of the fastest growing British fashion companies, SuperGroup is reportedly all set to launch a stock market flotation worth 400 Million Pounds ($627.6 Million).
The development has come after various firms, including New Look, the fellow high-street fashion retailer, decided to postpone or altogether scrap their planned Initial Public Offerings (IPOs) last week, mainly on the back of volatile market conditions.
Last month, the company had gone ahead and appointed ex-Vodafone Director Peter Bamford in preparation for a listing.
The company current trades from a total of 39 stores across UK and Ireland, in addition to 54 concessions in House of Fraser department stores. Also, SuperGroup has a strong presence in Belgium, France, Scandinavia, the US and Australia.
No comments have yet been shared by SuperGroup on the report.