Germany’s fashionette looks to ride e-commerce IPO wave

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By Sam Kerr
12 Oct 2020

German e-commerce company fashionette, which sells designer handbags and accessories online, has launched an IPO on the Frankfurt stock exchange. Sources close to the deal are hoping that other large e-commerce listings will boost the flotation.

Hauck & Aufhauser is sole global co-ordinator and bookrunner on the IPO.

The company is selling new shares as part of the IPO and there will be a placement of existing shares from German investment fund Genui, the company’s major shareholder.

The IPO proceeds will be used to pursue ...

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