Fashion

ACS Clothing secures 10 million pounds in fresh funding

5 days ago   |   By Fashion United

Image: ACS Clothing
ACS Clothing Limited, a company providing circular fashion solutions, has received an investment of 10 million pounds from private equity firm Circularity Capital.
Glasgow-based ACS was established in 1997 as a formal hire company before transforming into one of the UK's biggest providers of rental, subscription, and resale fulfilment services for fashion brands and retailers.
The company operates out of a 19,000 square metre automated facility in the UK, and counts the likes of Moss Bros, Monsoon, and LK Bennett among its retail partners.
Circularity Capital, which...
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Primark to invest 140 million pounds in its UK store portfolio

6 days ago   |   By Fashion United

Image: Primark
Affordable fashion chain Primark is upgrading its UK retail portfolio, stating it will invest 140 million pounds over the next two years.
The Dublin-based company said it would open at least four new stores in Bury St Edmunds, Craigavon, Salisbury and Teesside Park in addition to planned upgrades and refurbishments across its UK stores. Upgrading its retail spaces will include improvements such as new fixtures, lighting and updating its décor.
Creation of 850 new jobs as a result of new store openings and extensions
The investment creates at least 850 new jobs and increases...
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