Fabletics Taps Banks To Go Public - Retail Bum

Workout apparel brand Fabletics is preparing for an initial public offering (IPO), which it hopes would raise its valuation to more than $5 billion. The company has selected Morgan Stanley, Goldman Sachs, Barclays Plc and Bank of America as its banking partners for the IPO in which it is aiming to raise nearly $500 million.

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