Fashion retailer Tailored Brands took a major step toward going public on Friday, releasing its initial public offering documents for the U.S. market.
The move comes at a favorable time for companies looking to list on U.S. exchanges, as stronger stock markets, better valuations, and growing demand for artificial intelligence investment have helped boost the IPO landscape.
The company, headquartered in Houston, Texas, had quietly submitted its IPO paperwork back in April before making the filing available to the public on Friday.
Goldman Sachs, Morgan Stanley, and Jefferies are among the financial institutions handling the underwriting for the offering.
Tailored Brands plans to list its shares on the Nasdaq stock exchange under the ticker symbol “MENW.”
