Spanish brand Bimba y Lola has posted double-digit revenue growth ahead of a possible sale to investment fund Permira. The brand ended 2017 with revenue of 180.8 million euros, up 18.5% against the previous year.
Known for its export potential, the Portuguese textile industry is currently seeking to balance its historical manufacturing models and raw materials with a young, sustainable fashion scene and its commercial ambitions.
Spanish designer brand Bimba y Lola continues to expand its international footprint with plans to open a new store in the UK. The new space will be located at 295-297 Brompton Road and will open next month.
Designer brand Bimba y Lola is now looking to take the business to the next level with help of an investor. According to media reports, the label is currently analysing its options with financial institutions.