The Very Group IPO Is the retail giant going public in 2022

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The Very Group IPO Is the retail giant going public in 2022

*First, the Group witnessed strong Christmas trading, and the second, it has appointed a former Walmart executive as its new chair, which has sparked speculations about its potential listing. *Dirk Van den Berghe, who has been appointed as the new non-executive chair, was previously the Vice President and Regional Chief Executive of Walmart for its business in Canada, India, China, and Japan. *Banks have been contacted by the company to prepare for a possible listing over the summer. However, Very Group’s CEO, Henry Birch, toned down the listing speculation when asked about it explicitly. *The retail giant has announced its Christmas trading results for the seven weeks to 24 December 2021, including the Black Friday promotional period.

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