Fenchurch in the search for an investor
Fenchurch is looking for a buyer. The London-based streetwear brand is in the search for a new owner to inject liquid assets into the company. Faced with a rise in orders, combined with a rise in raw material prices, the young brand is in need of help to continue financing its development.
Fenchurch offers clothes and accessories for men and women
In its home market alone, Fenchurch was already registering sales of 15 million euros. In France, where an office was built beginning 2010, sales are estimated to be between 3 to 4 million euros. As for Europe, the total could be around 20 million. CEO John Cockburn confirmed to the English press that he has sent out a mandate to a company to find an investor for his brand. This could be an investment fund or maybe a fashion group.
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