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Kat Maconie receives investment to fund further international expansion

Footwear designer Kat Maconie has received “significant investment” from its Chinese licencing partner Phoenicia International Trading to launch in the Middle East and expand in the US.

The women’s footwear brand is currently stocked in the US on etail platform Nasty Girl and is in talks to supply Nieman Marcus for spring 16. It is also looking into opening standalone stores in the US.

The brand does not currently have a presence in the Middle East but is looking for wholesale partners and stores.

Maconie said: “Phoenicia’s knowledge and expertise of the Greater China market is unrivalled and we look forward to increasing our global footprint by entering the next phase of our evolution.”

A former winner of Drapers Footwear Designer of the Year, Maconie first stuck a deal with Phoenicia International Trading last year and is to open 50 stores and concessions in China by the end of 2016.

The label has recently launched a flagship store at the Westgate Mall in Shanghai, a standalone store in Chengdu as well as a further five concessions in leading department stores across China.

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