12th Jun 2026 12:36
(Alliance News) - The homeware seller Dusk Retail Ltd is considering an initial public offering in London which could value the company at GBP300 million, Sky News reported on Friday.
The company is currently appointing advisers for the potential float, which may take place in the second half of 2026, according to Sky.
Leeds, England-based Dusk currently sells through its website, where it touts a "luxury for less" offering. It does not yet have any permanent store locations, but displays its wares in show homes and pop-up shops.
Sky's sources indicated that Dusk could be worth GBP300 million when it makes its trading debut. The source also noted that founder and Chair Jason Walker is expected to remain a major shareholder.
A new listing would be a welcome possibility for investors in London, where the IPO market has been on shaky ground in recent years.
On Wednesday the Financial Times reported that private equity firm Sycamore Partners LLC, the controlling shareholder of Boots, is considering selling the pharmacy chain rather than pursuing a public listing in London, as had been anticipated.
Also on Wednesday, however, Coastal Africa Group Ltd began trading on AIM, becoming the largest company to debut on London's junior market so far in 2026. It has a market capitalisation of GBP218.7 million, based on its IPO price of 161 pence per share.
By Holly Munks, Alliance News reporter
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