Tag : investment
Coronavirus: Joules secures £15m credit boostSubscription
Lifestyle retailer Joules has confirmed the successful completion of a £15m increase to its revolving credit facility (RCF), with Barclays Bank.
Oxford Street's 2022 transformation unveiledSubscription
Oxford Street is to undergo a “radical” transformation that combines retail frontages with leisure, cultural and community spaces as part of a £2.9bn investment to turn London’s West End into an “international centre”.
Shop Direct offers £600,000 for charity projectSubscription
Shop Direct has launched a campaign to find a new charity partner.
Authentic Brands Group secures new funding Subscription
Brand house Authentic Brands Group (ABG) has received €875m (£724.4m) in funding from its now largest investor, private equity fund BlackRock Long Term Private Capital (LTPC).
LVMH snaps up stake in Stella McCartney Subscription
French luxury fashion house LVMH has acquired a minority stake in British designer Stella McCartney’s eponymous brand.
Towns and cities across the UK shortlisted for government funding are proposing to use the money to invest in digital, transport and parking solutions to transform and future-proof high streets.
Sloane Street set for £40m revampSubscription
London luxury shopping destination Sloane Street, home to designers such as Balenciaga, Gucci and Chanel, is to undergo a £40m refurbishment to “secure its future” and global reputation.
Resale brand Cudoni secures £1.4m backingSubscription
Luxury resale brand Cudoni has received £1.4m worth of investment to support its international expansion plans.
Wolf & Badger secures £4.5m investmentSubscription
Multibrand concept retailer Wolf & Badger has received £4.5m in funding from Guinness Asset Management EIS Fund.
Tom Singh backs womenswear start-up Subscription
New Look founder Tom Singh has joined a group of high-profile investors to back womenswear start-up Dai in its first ever investment round.
Jack Wills receives £10m investmentSubscription
BlueGem Capital Partners, the majority shareholder in Jack Wills, has reportedly ploughed another £10m into the young fashion retailer.
Thread eyes global markets with cash injectionSubscription
Menswear personal-styling website Thread.com will grow its artificial intelligence teams and brand awareness, and explore international expansion, after securing an additional $22m (£16.7m) in funding this week.
Thread receives $22m in fundingSubscription
Menswear personal styling website Thread has today announced $22m (£16.7m) in additional funding.
Manufacturing marketplace secures investmentSubscription
The UK’s first fully-automated online fashion manufacturing marketplace has secured £650,000 investment from a venture capital fund, less than a year after its launch.
The Modist wins cash injectionSubscription
Luxury etailer The Modist has secured a $15m (£11.2m) investment from female-led private equity firm Vaultier 7.
H&M shelves shareholder reinvestment planSubscription
H&M has ditched a plan to allow its shareholders to reinvest their dividends into new stock.
Fashion investor Eiesha Bharti Pasricha has acquired a “significant” minority share in luxury sports brand Fyodor Golan.
Tencent and JD.com invest in Chinese etailerSubscription
Chinese tech giants Tencent and JD.com are to invest $863m (£646m) into discount Chinese etailer Vipshop in a bid to boost their fashion offering.
John Lewis invests £100,000 in start-upsSubscription
The John Lewis Partnership has invested £100,000 in two start-ups following its fourth annual accelerator programme, JLAB.
Farfetch losses swell in expansion driveSubscription
Annual losses ballooned at luxury online retailer Farfetch as the business invested in new technology and expanding its team.