• London-based brand Percival Menswear secures 3 million pound investment

    6 days ago - By Fashion United

    Image: Percival
    London-based contemporary menswear brand Percival Menswear has secured a three million pound investment from growth capital investor VGC Partners.
    The investment will be used to double the depth of stock across all core styles to keep up with demand, introduce new categories, and increase its market share internationally by creating dedicated online platforms to service its European and US markets.
    Currently, 20 percent of the firm's sales are from overseas, split evenly between the US and EU markets.
    This is the second time Percival Menswear has received an investment from...
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  • U.K. Menswear Label Percival Secures Multi-Million Pound Investment

    U.K. Menswear Label Percival Secures Multi-Million Pound Investment

    6 days ago - By Hypebeast

    Hackney-based menswear label Percival has secured a £3million investment from growth capital investor VGC Partners, after an initial £150,000 in 2018. Under the guise of creative director Chris Gove, the label has utilised the previous investment to establish an efficient supply chain that sees them drop new products every six weeks. This has seen Percival double its net sales year-on-year and hit its 2022 target two years in advance. “The growth we've seen in the past few years has been incredible,” said Gove. “Hitting our 2022 target by November 2020 just proved to us that we've created...
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