The UK homeware retailer Dusk has dropped plans for a £300 million independent public offering (IPO) in London, according to Sky News.

The publication said it has learned that Dusk has decided to remain private for the time being, shelving its aims for a 2026 London flotation.

Sky News added that Dusk had gone as far as to consult investment bankers over the IPO, and sources close to the matter told the publication that Dusk’s financials remain strong and that the firm has not discounted the possibility of an eventual IPO.

Dusk was founded 2016, as a Leeds-based bedding retailer. It has since expanded its product offering to include homeware accessories, furniture such as living room or kitchen sets, and lighting.

In the financial year ending March 2026, Dusk reported a 28 per cent jump in sales to £195 million. The firm also said it now has a customer base of two million. The pure-play online retailer, it competes directly with firms such as Dunelm, John Lewis, and Wayfair.

In June, Dusk’s chief executive Chris Read told the Times newspaper that the firm’s “continued focus on style, quality and affordability, alongside an operating model that enables us to stay close to our customers, means we can continue to serve them well and further consolidate our position as the market disruptor”.

London IPOs have been quiet in 2026, with no major flotations and some firms such as multi-billion pound Flutter Entertainment choosing to delist from the London Stock Exchange. Other London-based firms have been acquired, such as the oil and gas exploration company Capricorn Energy.

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