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UK school wear supplier secures £5mn funds for growth
02
May '12
Rowlinson Knitwear Ltd., the largest personalized school wear manufacturer and supplier in the UK, has secured a £5 million refinancing deal from HSBC Commercial Banking.

Established in 1935, the Stockport based company distributes personalized knitwear to several UK retailers, including John Lewis.

The £10 million company will utilize the funds to support its day-to-day operations and also for further growth of the company.

The finance package would also protect the company against foreign exchange risk.

Rowlinson is a good example of a forward-thinking business that has a strong customer base in the UK, said HSBC.

Fibre2fashion News Desk - India

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