Skip to main content

The Business of Fashion

Agenda-setting intelligence, analysis and advice for the global fashion community.

Aka Brands Files for IPO

An Aka Brands-owned Princess Polly campaign. Aka Brands.

By

Joan Kennedy

24 August 2021

The holding company, which owns digitally-savvy labels like fast fashion favourite Princess Polly, registered on Tuesday with the US Securities and Exchange Commission, intending to list on the New York Stock Exchange. BofA Securities, Credit Suisse and Jeffries will lead management of the offering. The brand is backed by Summit Partners, a Boston-based private equity firm, and joins the wave of e-commerce companies who have filed for IPOs this year after seeing sales surge during the pandemic.

Learn more:

A Guide to Fashion’s Upcoming IPOs

Mytheresa, Poshmark and ThredUp all plan to go public this year, as does online payment service Affirm. As e-commerce continues to boom, will they succeed on the market?

About the author

Joan Kennedy

Joan Kennedy is Editorial Associate at The Business of Fashion. She is based in New York and covers beauty and marketing.

In This Article

Topics

Retail

© 2024 The Business of Fashion. All rights reserved. For more information read our Terms & Conditions

More from Retail

Chronicle the ‘Retail Apocalypse’ and emerging retail models, including DTC brands.

Peloton CEO to Step Down as Company Cuts 15% of Jobs

The company has continued to struggle with growing “at scale” and issued a warning in February that revenue may not start increasing again until the fourth quarter.

Sneaker Brand On to Launch New Line With FKA Twigs

The British musician will collaborate with the Swiss brand on a collection of training apparel, and will serve as the face of their first collection to be released in August.

Brands Owed Millions After Matchesfashion Collapse

Designer brands including Gucci and Anya Hindmarch have been left millions of pounds out of pocket and some customers will not get refunds after the online fashion site collapsed owing more than £210m last month.

US Sues to Block $8.5 Billion Union of Coach, Michael Kors

Antitrust enforcers said Tapestry’s acquisition of Capri would raise prices on handbags and accessories in the affordable luxury sector, harming consumers.

The Business of Fashion

Agenda-setting intelligence, analysis and advice for the global fashion community.

CONNECT WITH US ON

The Business of Beauty Global Awards - Deadline 30 April 2024

© 2024 The Business of Fashion. All rights reserved. For more information read our Terms & Conditions, Privacy Policy, Cookie Policy and Accessibility Statement.

The Business of Beauty Global Awards - Deadline 30 April 2024