THE RETAIL BULLETIN - The home of retail news
Click here
Home Page
News Categories
Commentary
Department Stores
Electricals and Tech
Entertainment
Fashion
Food and Drink
General Merchandise
Grocery
Health and Beauty
Home and DIY
Interviews
People Matter
Retail Business Strategy
Property
Retail Solutions
Electricals & Technology
Sports and Leisure
Christmas Ads
Shopping Centres, High Streets & Retail Parks
Retail Events
People in Retail Awards 2024
Retail HR Central 2024
The Future of The High Street 2024
Retail HR Summit
THE Retail Conference
Upcoming Retail Events
Past Retail Events
Retail Insights
Retail Solutions
Advertise
About
Contact
Subscribe for free
Terms and Policies
Privacy Policy
Me+Em raises £55m for international expansion

Me+Em, the fast growing luxury fashion brand, has raised £55 million from investors led by Highland Europe as as it looks to accelerate expansion in the… View Article

FASHION RETAIL NEWS UK

Me+Em raises £55m for international expansion

Me+Em, the fast growing luxury fashion brand, has raised £55 million from investors led by Highland Europe as as it looks to accelerate expansion in the US.

This will be followed by expansion in continental Europe, Australia and the Middle East.

Founded in the UK by former advertising executive Clare Hornby, Me+Em has enjoyed triple digit revenue growth over the past year. All of its lines are designed around Me+Em’s “intelligent style” ethos, which means garments must must flatter and fit, be functional and have a timeless style.

Hornby said: “Having seen soaring demand for our clothes in the US and other key international markets, we know that there is a global appetite for the cut, quality, and style that we have created. As a digital first, data-driven business we are seeing a huge opportunity ahead of us and with Highland Europe’s expertise in this area, we can use technology to delight and serve our customers across the world even more effectively.”

Demand from US shoppers has created an opportunity to open new stores in New York and Boston. Me+Em will also be accelerating expansion in Australia, the Middle East, Canada, Switzerland, and Hong Kong, where it also has a fast-growing customer base.

Sam Brooks, partner at Highland Europe, said: “Me+Em’s relentless focus on quality, fit and sustainability has inspired an incredibly loyal customer base and has generated impressive growth over the past several years. In addition to the success in the UK we are impressed by the strong demand coming from international customers, a testament to the brand’s global relevance and appeal. Clare is a fantastic leader and we are thrilled to partner with her and the Me+Em team.”

 

 

Subscribe For Retail News