Pursuits
Miss Sixty’s Chinese Owner Plans IPO at $5 Billion Value
- Fashion house Trendy International plans domestic share sale
- Private equity firm L Capital Asia invested in Trendy in 2011
A customer walk past a Miss Sixty fashion store inside the Tongzhou Wanda Plaza shopping mall, operated by Dalian Wanda Group Co., in Beijing, China, on Saturday, March 14, 2015. Dalian Wanda is controlled by Chinese billionaire Wang Jianlin.
Photographer: Tomohiro Ohsumi/BloombergThis article is for subscribers only.
Chinese fashion house Trendy International Group Co., owner of the Miss Sixty jeans brand in Asia, is planning a domestic initial public offering as soon as the end of next year, people with knowledge of the matter said.
The Guangzhou-based company plans to seek a valuation of about $5 billion, said the people, who asked not to be identified as the information is private. Trendy International has picked a Chinese investment bank to work on the proposed share sale, the people said.