Menswear etailer The Idle Man has secured a further £1.4m in funding and plans to use the money to accelerate its growth.
Private equity firm Foresight Group led the funding round, which involved a number of angel investors including Thomas Pink founder Peter Mullen.
Former Asos menswear buyer Oliver Tezcan set up The Idle Man in 2014 and it has since grown at an annual rate of 150%.
The fresh investment has been earmarked to increase marketing activity and expand the 20-person team at its London headquarters.
The men’s clothing market grew by 4.1% year on year in 2015 to reach £14.1bn and now accounts for 25% of the total clothing market, according to research firm Mintel.
Tezcan said: “Men are more interested than ever in fashion. The growth potential is huge for whomever can create a retail experience that meets their needs.”