- Don-Alvin Adegeest |
Some analysts would argue that there is no real correlation between great retail and being publicly traded. Zara is one of the largest privately owned fashion businesses, proving that a company doesn't require public financing in order to grow. But when a company has momentum, like Farfetch, which last year debuted on the New York Stock Exchange in 2018, it propelled the company forward at great speed. It was valued at 885 million dollars at the time of its IPO.
2019 will be an interesting year for IPO's. Companies like Pinterest and Uber and AirBnb are all looking at going public this year, as are heritage fashion brand Levi's and luxury resale company The RealReal.
Levi Strauss & Company could return to Wall Street after a hiatus of 35 years. The company could raise between 600 and 800 million dollars if it was listed, valuing the business at 5 billion dollars.
Last year the RealReal raised 115 million dollars in a funding round, valuing the company at 745 million dollars, according to data provider PitchBook. According to Reuters, the RealReal has sent out a request for proposals to prospective advisors and underwriters to manage the listing this year.