The recent declines are tamping down prospects for Express, one of the country's biggest clothing retailers, market watchers say. Express hopes to raise about $304 million this week.The 30-year-old chain's 573 stores sell clothes aimed at men and women in their 20s. Express is going public after spending the past few years improving its marketing process, launching its online store and revamping its clothing offerings, shifting from a focus on work outfits to one centered on casual and party wear and jeans.
Market Volatility Weighs On IPOs This Week
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