Fashion Retailer About You Seeks $732 Million in German IPO (2)

May 27, 2021, 6:54 AM UTC

E-commerce fashion retailer About You is seeking at least 600 million euros ($732 million) in a Frankfurt listing, betting demand for its party outfits will pick up as lockdowns ease across Europe.

The company is looking to list shares on the Frankfurt Stock Exchange in the second quarter, it said in a statement Thursday. The initial public offering will include a sale of new and existing shares, and a greenshoe option provided by Michael Otto’s Otto Group, the company said.

About You, which aims to digitize the classic stroll around a mall by creating a personalized shopping experience on ...

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