Clothing company gets £2million funding
» 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.