Premium indie Coggles is on the hunt for £4m worth of investment to aid expansion.
The York retailer is seeking second stage investors, following the £3m investment it received from Manchester Square Enterprises, a subsidiary of Pentland Group, at the beginning of 2011.
The initial investment has helped chief executive and creative director Mark Bage open a London office, bolster the team with key marketing, buying and finance appointments, create a bespoke ecommerce fulfillment centre and redesign Coggles.com.
The company said the investment would be used to open new sales channels, increase its global marketing budget and build brand awareness.
Bage said: “It has been a really exciting two years in which we have been able to establish Coggles as a truly international business, but the next phase of projects holds even more potential for significant growth in revenue. We are looking for an investor who shares our vision, understands the industry and can help Coggles become the most inspiring international fashion and lifestyle brand.”