Bonmarché intends to float on AIM

YORKSHIRE clothing retailer Bonmarché has announced its intentions to float on AIM.

The Wakefield firm, which has 264 shops, was bought by private equity firm Sun European Partners last year.

According to Retail Week, the retailer is expected to list on AIM next month and to be valued at about £100m.

In the year to March 30, Bonmarché recorded EBITDA before exceptionals of £9.1m on sales of £146.8m. In the first half of the current year to September 28 like-for-likes rose 12.7%.