Fashion brand white stuff eyes sale or flotation
Published 05/04/2011 | 08:00
The fashion brand White Stuff, which has one shop in Belfast, is reported to be preparing for a sale or flotation.
The majority shareholders and founders Sean Thomas and George Treves, who control 75% of the equity, are rumoured to be considering which adviser to appoint with a view to selling stakes in the business in the next 18 months. Sally Bailey, chief executive of White Stuff, is quoted as saying the timing of a sale would depend on conditions on the high street, but said the owners were keen.