The British brand Aspinal has eight directly-operated stores, six concessions and three overseas franchise stores. However it does the most of its busines through its e-commerce site.
The brand plans to open more stores and expand internationally. David French, Relationship Director, Santander Corporate & Commercial, said: “We are delighted to provide funding to support the expansion of Aspinal at this key time for the company. The management team have identified a strong opportunity for growth and we have been able to provide the funding and support to help Aspinal capitalise on its strong brand positioning. It’s clear that Aspinal is primed for further growth and we wish them every success.”
Besides, the brand has recently invested in a new management team and has hired a number of industry experienced senior executives, including Sarah Rotheram as CEO.