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Richard James confirms investment plans

Premium menswear brand Richard James has confirmed the appointment of Ironbridge Capital Partners to help the business secure an investment partner to drive its international expansion.

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Richard James Spring Summer 2016London Collections MenCopyright Catwalking.com’One Time Only’ PublicationEditorial Use Only

It wants to use the funding, which could involve selling a multimillion pound stake, to build its physical and digital footprint in countries such as the US and Hong Kong.

A sale would see outside investment brought into the business for the first time in its 21-year history.

“The menswear market continues to expand and we feel now is the time to take advantage of our Savile Row pedigree and grow the business, both in the luxury tier and our licensing activities,” said managing director Sean Dixon.

Richard James was founded in 1992 by James himself, Dixon and a third, unknown person.

The business, which offers tailoring, ready-to-wear and accessories, has three UK stores and also produces a range of suits for Marks & Spencer.

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