World Footwear

Companies

Dune targets international growth

Oct 10, 2015 United Kingdom
Dune targets international growth
The UK-based footwear and accessories retailer has reached a deal with Royal Bank of Scotland that will result in a multi-million pound working capital package
According to recent news reports Royal Bank of Scotland (RBS) will provide the UK retailer a rolling credit facility that will give Dune the flexibility to continue growing its multichannel proposition and group of stores and concessions.

Dune’s Chief Operating Officer, James Cox, said that after the successful growth of the brand in the domestic market over the last 2 decades, it is time to strength the international presence of the group. RBS’s experience and expertise in the retail industry and in the fashion retail segment are, according to Mr. Cox, key reasons for the continued partnership between the two organizations, which have been working together since 2012.

Created in London in the beginnings of the 90’s, Dune is a global brand with over 300 stores and concessions in 25 countries across Europe, the Middle East, India and South Africa.  In 2014 the company opened their first US-based store in Manhattan. With the announced deal the international expansion strategy is expected to accelerate.

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