Le Slip Français Lists on Euronext Growth Paris After Raising €13 Million
French apparel brand Le Slip Français has listed on the Euronext Growth Paris market, raising €13 million through its share offering. The company achieved a market capitalization of approximately €19.2 million upon admission.
Le Slip Français, a French brand specializing in underwear and apparel, has successfully completed its listing on the Euronext Growth Paris market. The company raised €13 million in its offering, which comprised a €5 million capital increase and an €8 million sale of existing shares. At the time of listing, the company's market capitalization was valued at approximately €19.2 million.
The offering garnered significant investor interest, with over 7,000 individual investors subscribing. The admission and issue price was set at €14.80 per share. This listing marks the 48th new company to join the Euronext market in 2026.
Founded in 2011, Le Slip Français has transitioned from a premium positioning to a more accessible everyday essentials model, a strategy initiated in 2023. This shift has been supported by the company's vertical integration across three French production sites located in Aubervilliers and Limoges.
The capital raised is earmarked for supporting brand development, enhancing commercial and marketing activities, expanding multi-brand retail distribution, and increasing production capacity. The funds will also be directed towards third-party 'Made in France' manufacturing and bolstering working capital.