Sophia Webster, a British accessories designer, secured a £4m investment.
Business Growth Fund made the investment and, as a part of it, introduced the team to Peter Williams, who was subsequently appointed as Non-Executive Chairman. Williams is Non-Executive Chairman of Boohoo, former CEO of Selfridges and former Non-Executive Director of ASOS.
The company intends to use the funds to accelerate its international growth plans expanding its partnerships with retailers, opening more stores globally in key destinations, and continuing the growth of its eCommerce business.
Led by Founder and Creative Director Sophia Webster and her husband and Managing Director Bobby Stockley, the brand offers signature shoes and handbags distributed in over 200 retailers worldwide.