Pureplay furniture retailer Dusk has hired investment banks as it prepares for a £300m listing on the London Stock Exchange.
The Yorkshire-based retailer, which sells homewares from sofas to rugs, has tapped Panmure Liberum and Zeus ahead of its rumoured IPO later this year, according to reporting by Sky News.
Dusk has 2 million active customers and reported a 28% jump in sales to £195m for the year ending March 31, 2026.
Dusk reported that profitability improved significantly during the second half of the year, following operational improvements, including a £1.5m investment to enhance its logistics and technology infrastructure.
It said that repeat customers now account for 50% of total orders, with bedroom furniture its most popular category, growing 159% year on year.
The £300m reported market capitalisation would place it roughly on a par with rivals such as DFS Furniture.
Founder and chief executive Jason Walker intends to remain a major investor in the business after a float, which would be a significant shot in the arm for the beleaguered London market.
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