The queue of retailers looking to go public lengthened yesterday when Fat Face appointed investment banks to prepare for a stock market flotation before the end of the year.
The clothing retailer, whose future had seemed uncertain a few years ago, is preparing to come to market as Poundland, House of Fraser and Pets at Home, among others, are also considering listings.
After an encouraging Christmas period, in which it managed to avoid heavy discounting, and a positive first half to the financial year, the retailer has chosen Citigroup and Jefferies to work on a flotation.
Fat Face, whose recent bestsellers have included pyjamas, jumpers and slippers, had appointed Lazard, the investment bank, last month to explore its options.
Anthony Thompson, the chief executive and