Skip to content
City PM
  • Germany
  • France
  • Europe
  • Markets
  • Business
  • Opinion
  • DE
  • Germany
  • France
  • Europe
  • Markets
  • Business
  • Opinion
  • DE
Thursday 08 April 2021 3:06 pm

Soho House takes first steps towards New York listing

By: Hannah Godfrey

Add as a preferred source on Google
Dinner In Honor Of Tracey Emin Hosted By Phillips In The Cecconi's Garden At Soho Beach House
Membership Collective Group, which owns 28 clubs around the world, announced in a statment this morning that it had sold 30m shares for $14 each - the bottom margin of the previously marketed range of $14 to $16.

Soho House has taken the first step towards a New York stock market listing that would see the business valued at more than $3bn.

The private members club has submitted a confidential filing for an initial public offering (IPO) in New York, Sky News first reported.

The filing is the first formal step towards a stock market float on the New York Stock Exchange.

Soho House, which owns 27 clubs around the world, first considered a Wall Street listing in 2018, and earlier this year rumours began circulating that JP Morgan and Morgan Stanley had been hired to file with the US Securities and Exchange Commission.

The last year has been testing for the business. The group was forced to cut 1,000 jobs from its 8,000-strong workforce as well as ask landlords for rent holidays after lockdown restrictions forced the club to close its doors.

However, it has remained resilient, with fewer than 10 per cent of its members cancelling their subscriptions.

Soho House has been contacted for comment.

Read more

Boots moves closer to London float but billionaire Westons circle

A pair of stylish and durable boots showcased on a wooden floor, highlighting their craftsmanship and premium leather qual...

Share this article

  • Facebook
  • X
  • LinkedIn
  • WhatsApp
  • Email

Similarly tagged content:

Sections

  • News

Categories

  • Business
  • Retail

Related Topics

  • IPOs

Trending Articles

  • I’ve taken the best train trips in the world. Here are my 5 favourites

  • Nothing fails to file accounts months after dissolution threat

  • Nottingham Forest owner Marinakis announces £210m stadium plans

  • Harry Styles at Wembley Stadium review: running through the grief

  • Burnham tax plans spark investor rush to bank capital gains

More from City PM

  • Boots moves closer to London float but billionaire Westons circle

    Retail
    A pair of stylish and durable boots showcased on a wooden floor, highlighting their craftsmanship and premium leather qual...
  • This is why the City’s fintech IPO boom hasn’t happened yet

    Fintech
    London Stock Exchange market activity with traders and financial charts, capturing economic trends and trading dynamics
  • Paddy Power owner Flutter quits London Stock Exchange in blow to City

    Markets
    Flutter ditched its primary London listing last year.
  • Starling names HSBC veteran as chair in boardroom shake-up on road to IPO

    Fintech
    Starling Bank integrates Apple Pay 2022, showcasing digital banking innovation and seamless mobile payment solutions
  • LSE draws up ‘worst case scenario’ US listing flight risk

    Markets
    London Stock Exchange building exterior with financial district skyline, symbolizing global market activity and economic t...
  • How the SpaceX IPO revealed a ‘back door’ into Britain’s capital markets

    Markets
    The FCA has appointed Liam Coleman interim chair of the FOS.
  • Space X to allow British investors to buy into blockbuster IPO  

    Investing
    Elon Musk's SpaceX IPO
  • JD Sports becomes latest blue-chip to trade on New York market

    Retail
    The stock price of FTSE 100 retailer JD Sports has dropped a third in the last year

City PM — European politics, business and analysis.

Europe

  • Germany
  • France
  • Europe
  • UK & Ireland

Topics

  • Business
  • Markets
  • AI
  • Technology
  • Opinion
  • Energy

More

  • Politics
  • Economics
  • Fintech
  • Legal
  • Sport
  • Life

Company

  • About City PM
  • Editorial Policy
  • Corrections
  • Contact
  • Terms of Use
  • Privacy Policy
  • Cookie Policy
© 2026 City PM · Published by CityPM Media, Bahnhofstrasse 65, 8001 Zürich, Switzerland
About · Editorial Policy · Corrections · Contact · Privacy