Young fashion etailer has revealed plans to float in the first quarter of next year.

The Manchester-based retailer, run by founders Mahmud Kamani and Carol Kane, has hired Zeus Capital as financial advisors. is understood to have done test marketing with large institutional investors which has given it confidence to press ahead with an IPO.

The proposed floatation is the latest retail offer to come to the Stock Exchange and follows Bonmarché, which floated on AIM last week.

Retailers including, B&M Bargains, Poundland and Pets at Home are also understood to be gearing up for an IPO.