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Dusk Retail Ltd has selected two investment banks to lead its planned initial public offering in London, Sky News reported on Wednesday. The Leeds, England-based online homeware products retailer is expected to be worth £300 million upon admission, which Sky said would put it on a par with rival DFS Furniture PLC. DFS joined the London Stock Exchange in 2015, with its IPO raising £221 million, and its current market capitalisation is £321 million. Sky News previously reported in June that Dusk was considering a London IPO, with a source saying that they expected Founder & Executive Chair Jason Walker to remain a major shareholder. On Wednesday, it said it has learnt that Dusk has chosen Panmure Liberum and Zeus to lead the London float, ‘which is slated to take place later this year.’ The company had, in late May, reported that revenue for the 12 months ended March 31 had risen 28% year-on-year to £195 million, with around half of its orders coming from repeat customers. Its customer base stands at around 2 million, Sky noted. Regarding the appointment of banks, Sky News said a Dusk spokesperson declined to comment. Copyright 2026 Alliance News Ltd. All Rights Reserved.
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