Bloomberg reports that J.Crew's parent companies, TPG Capital and Leonard Green & Partners LP, may be considering going public, with an initial public offering in the U.S. later in 2014. According to anonymous sources, J.Crew's 451 stores and $2.4 billion in annual sales may make its initial valuation as much as $5 billion. It should be mentioned that TPG and Leonard Green paid $2.64 billion for J.Crew just three years ago. So, the past few years haven't just been good for the retailer — they may have actually doubled its value.
What do you think? Would you line up to buy shares? Either way, it looks like J.Crew's super fans may soon have a whole new way to invest in the brand. (Bloomberg)
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