The company intends to use the funds to expand its marketing efforts. As a part of the investment, BGF Investment Director Alistair Brew joined the Oliver Sweeney Board as Non-Executive Director, and Adam Leigh, who led and sold The Communications Agency, joined as Independent Non-Executive Director.
Founded in 1989, Oliver Sweeney manufactures and sells shoes, clothing and accessories. It has a team in London and a factory of craftsmen in the Italian Marche.
The business, which was bought by its current owners Maurice Helfgott and Amery Capital in 2009, operates six standalone retail stores in the UK (four in central London, and one each in Manchester and Leeds), as well as the e-commerce site oliversweeney.com, and employs 60 staff.