European private equity firm Bridgepoint has stepped up plans to exit Fat Face, confirming its intention to list the business in London ahead of an expected return to the fundraising market later this year.

In an announcement to the London Stock Exchange, UK-based clothing retailer Fat Face said it would raise proceeds of £110 million through the IPO. The company said there would be a minimum free float of 25% of its shares, giving it a market capitalisation of at least £440 million if it lists.