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Bloomberg
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. 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 digitise the classic stroll around a mall by creating a personalised shopping experience on smartphones, caters
to young women in their 20s and 30s.