Footwear retailer Footasylum has announced that it has secured a 35 million pound Revolving Credit Facility (RCF) from banking firm HSBC UK which it will use to help accelerate its growth plans across the UK and international markets. The retailer, which was acquired by investor Aurelius in August 2022, revealed that the RCF funding package...
7 Oct 2024
PVH Corp, the parent company of Calvin Klein and Tommy Hilfiger, has announced a new partnership with HSBC Bank USA, which will see the duo collaborate on a sustainable supply chain finance programme. The partnership will provide PVH suppliers with access to funding based on a series of environmental targets, as well as social elements such as a...
30 Jun 2022
Formalwear retailer and supplier Threadology has revealed that it has received a seven-figure import trade finance loan from banking firm, HSBC UK. It comes as the London-based company plans to scale up operations following an increase in demand, in line with the return of weddings and formal events. The funding will enable the company, which...
27 Jun 2022
International bank HSBC forecasts growth in the luxury sector to slow down from 9 percent in 2018 to 6 percent in 2019. But that isn't necessarily bad news. In a report titled Expecting the Unexpected, shared by email with FashionUnited, the bank said the main reason why it believes the sector is likely to slow down is because it has been...
9 Jan 2019
Scottish luxury cashmere brand, Hawico is pushing forward with its international retail expansion and brand development plans after securing a seven-figure funding package from HSBC UK. The Hawick-based family-owned manufacturing and retail company, which currently sells its designs in namesake stores across the globe, and is stocked in luxury...
9 Oct 2018