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E-commerce fashion retailer About You AG and its shareholders are seeking as much as 941 million euros ($1.1 billion) in a Frankfurt initial public offering, betting that demand for its party outfits will ramp up as night life unlocks.

Shares are being marketed at 21 euros to 26 euros apiece through June 14, with the new stock set to start trading on June 16, it said in a statement Tuesday.

About You, which aims to digitize the classic stroll around a mall