Billionaire Lutfy's Dynamite IPO Was a Matter of Succession

The Zara store in the Royalmount mall in Montreal, Quebec, Canada, on Friday, Nov. 29, 2024. Andrew Lutfy, the retail entrepreneur behind fast-fashion chain Groupe Dynamite Inc. and who also owns 80% of the Royalmount, says he decided to take the company public after exploring talks with private equity groups and determining they weren't the right fit. Photographer: Andrej Ivanov/Bloomberg via Getty Images
The Zara store in the Royalmount mall in Montreal, Quebec, Canada, on Friday, Nov. 29, 2024. Andrew Lutfy, the retail entrepreneur behind fast-fashion chain Groupe Dynamite Inc. and who also owns 80% of the Royalmount, says he decided to take the company public after exploring talks with private equity groups and determining they weren't the right fit. Photographer: Andrej Ivanov/Bloomberg via Getty Images
Billionaire Lutfy's Dynamite IPO Was a Matter of Succession
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2188516766
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November 29, 2024
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ROYALMOUNT MALL
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