CBR Fashion Holding, owner of women's wear brands Cecil and Street One, has announced that it plans an initial public offering (IPO) in 2015. As announced the offer is expected to consist of newly issued shares from a capital increase amounting to approximately Euro 200 million and the sale of shares by the company owner EQT. The shares will be offered publicly in Germany and Luxembourg to institutional and retail investors. Outside of these countries, shares will be offered by way of private palcements.

Christoph Rosa, CEO of CBR, said: "Our compelling business model is based on a strong control over the entire value chain and delivering excellent dash generation. We offer established brands with clear and differentiated positioning in a large market with selective opportunities for further growth. The planned IPO is a sensible step and provides us with the necessary financial flexibility to move the business forward."

CBR generated revenues of approximately Euro 609 million in 2014 and achieved an adjusted EBITA of approximately Euro 105 milion, corresponding to an adjusted Ebita margin of 17,2%. Over the last three years, CBR delivered an attractive adjusted EBITA Compound Annual Growth Rate of 7 %.