Cloth­ing com­pany gets £2mil­lion fund­ing

Gloucestershire Echo - - BUSINESS -

» COTSWOLD Col­lec­tions has set its sights on in­ter­na­tional ex­pan­sion fol­low­ing £2mil­lion in fund­ing from San­tander UK.

The growth cap­i­tal fund­ing pack­age will see the Chel­tenham-based de­signer women’s cloth­ing brand ex­tend its in­vest­ment in mar­ket­ing across the UK as well as sup­port growth in mar­kets out­side the UK, ex­port­ing the tra­di­tional Bri­tish cloth­ing range across Europe and the US.

It is ex­pected this growth will cre­ate up to 15 new jobs within the business across the next three years.

Cotswold Col­lec­tions, which was founded in 1993 and com­pleted an MBO in 2017 fi­nanced by Rock­pool In­vest­ments, de­signs and sells ma­ture women’s cloth­ing and ac­ces­sories, and has in­creased rev­enues and prof­itabil­ity by in­vest­ing in mar­ket­ing through cat­a­logue and on­line sales in re­cent years.

The fi­nance was pro­vided by San­tander’s struc­tured fi­nance growth cap­i­tal team.

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