// LoveCrafts is considering a stock market float after rising demand
// The arts and crafts retailer secured £16m from investors and lenders in January
// Sales of knitting and sewing supplies have risen during the Covid-19 lockdown
LoveCrafts is reportedly exploring a stock market float, or a private fundraise from institutional investors, in a bid to support its global takeover spree.
The online retailer, which specialises in arts and crafts, is mulling a float after securing $22 million (£16 million) from investors and lenders earlier this year.
LoveCrafts said that sales of knitting and sewing supplies have risen during the Covid-19 lockdown, The Telegraph reported.
The retailer is the latest company to consider a stock market listing, after furniture retailer Made.com announced a London stock market listing worth up to £1 billion last month.
Meanwhile, Russian discount retailer Fix Price is planning a London stock market listing, which could value the company at…