Fibre2Fashion
>>
Baldwin Webinar
Home / Knowledge / News / Apparel/Garments / Online fashion retailer Koovs raises £10.9mn in new funding
Online fashion retailer Koovs raises £10.9mn in new funding
21
Nov '16
Koovs plc, a UK based online fashion retailer has raised £10.9 million or approximately Rs 92 crore, which includes £7 million from existing and new investors and also £3.9 million from the Times of India Group. The online retailer raised these funds through the issue of 21,700,000 new ordinary shares at the rate of 50 pence per ordinary share.

In a statement, Koovs said the capital raise is part of the final tranche of the company's three-year investment programme to raise approximately £35 million that was announced in September 2015.

With this fresh round of funding, the total amount raised under this programme totals £31 million till date.

The retailer also informed that it has received firm indications of interest of additional investment from other investors amounting to £2 million, while it also authorised its broker Peel Hunt to raise up to £2 million pounds through the broker option. (AR)

Fibre2Fashion News Desk – India
More Apparel/Garments News - India...

Must ReadView All

Pic: Shutterstock

E-commerce | On 25th May 2022

Online revenue growth top priority for brands in US: Survey

Over 50 per cent brands experienced online revenue growth of between...

Pic: Shutterstock

Apparel/Garments | On 24th May 2022

As German economy foresees a shrink, Bangladesh's exports may reduce

As the German economy is at the risk of shrinking by 2 per cent this...

Pic: Shutterstock

Textiles | On 24th May 2022

China to initiate steps to keep major economic indicators stable

China will adopt a slew of strong and targeted measures to stabilise...

Interviews View All

Textile Industry, Head honchos

Textile Industry
Head honchos

Instagram & fashion will go a long way together

Textile Industry, Head honchos

Textile Industry
Head honchos

Occam's razor principle and purpose-driven innovations

Textile Industry, Head honchos

Textile Industry
Head honchos

Multi-functional garments will be next big thing

Mohammad Ali Khokon,

Mohammad Ali Khokon

<div>The Bangladesh Textile Mills Association (BTMA) is the national trade ...

Daniele Uboldi,

Daniele Uboldi

EptaInks is the screen-printing division of Eptanova, a company that...

Virginia Zingone,

Virginia Zingone

Italian Kids Brands (IKB) is the first showroom completely dedicated to...

Seth Casden, Hologenix

Seth Casden
Hologenix

Hologenix is a material sciences company dedicated to developing products...

Dave Rousse, INDA

Dave Rousse
INDA

INDA, a global association of the nonwoven fabrics industry, has been...

Silke Brand-Kirsch, Glatfelter

Silke Brand-Kirsch
Glatfelter

Glatfelter is a leading global supplier of engineered materials. <b>Silke...

Frederick Anderson, Brand - Frederick Anderson

Frederick Anderson
Brand - Frederick Anderson

New York-based designer Frederick Anderson has been in the fashion...

Archana Jaju, Label Archana Jaju

Archana Jaju
Label Archana Jaju

<b>Archana Jaju</b>’s Hyderabad-based eponymous label works with artisans...

Chun-Yuan Jean, Label - C JEAN

Chun-Yuan Jean
Label - C JEAN

C JEAN is an independent designer brand founded by Chun-Yuan Jean. C...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Search Companies

Search Companies

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor





(Max. 8000 char.)

Search Companies




SEARCH

Leave your Comments

ESTEEMED CLIENTS

MAS Active / MAS Kreeda / MAS Bodyline
Karl Mayer Textilmaschinenfabrik GmbH
GERBER TECHNOLOGY LTD.
Brückner Trockentechnik GmbH & Co. KG
The LYCRA Company Singapore Pte. Ltd
TESCO INTERNATIONAL SOURCING LIMITED
USTER
Gatsby Africa
Kern – Liebers Textile
Tuyap Tum Fuarcilik Yapim A.S.
Mayer & Cie. GmbH & Co. KG
Rosset ;& Cia Limited
COTTON COUNCIL INTERNATIONAL
Indofil Industries Limited - Specialty & Performance Chemicals Division
LC Waikiki
Thai Acrylic Fibre Company Limited
Loris Bellini S.r.l.
UBM China (Shanghai)
Aquarelle Clothing Limited
Equinox Impex India
Hirdaramani International Export Private Limited
Puma
BTC Textiles LLC
Tradewind International Servicing
Datacolor AG Europe
Color Service s.r.l.
Datatex Consulting Srl
KAS Direct Sourcing
Guess Europe Sagl,
Xtema - Thomas Lebherz Textilmaschinen
Sportswear Company Spa
Deckers Outdoor (Guangzhou) Consultant Co., LTD.
Lululemon Athletica Inc
Maceton Limited
X-Rite Asia Pacific Limited (HK)
Itema Weaving (India) Private Limited
Pt. Peraga Nusantara Jaya Sakti
BTSR International S.P.A.
Shima Seiki Mfg. Ltd.
Esprit Europe Services GmbH
Bluesign Technologies Ag
Nihalani Events Management
TÜYAP IHTISAS FUARLARI A.S.
ITMA Services Pte Ltd
Applied DNA Sciences Inc
Decathlon
Rieter India Private Limited
Eastman Chemical Company
Weitmann & Konrad GmbH & Co. KG
Coats Digital Limited
Lenzing Aktiengesellschaft - India
Abit
Landmark Group
Dow Silicones Corporation
Taiwan Textile Federation (TTF)
Tommy Hilfiger
T.T. Limited
ZAITEX spa
Tory Burch Hong Kong Ltd
Hela Clothing Pvt Ltd
Varner AS Retail
BIANCA
Bluestem Global Sourcing Limited
Woolmark Services India Pvt. Ltd.
Lenzing Aktiengesellschaft
FESPA (Reigate)
BIRLA CENTURY A DIVISION OF CENTURY TEXTILES AND INDUSTRIES
IIGM Private Limited
Green Fibre
IFF Media Ag - International Media Services
Saurer Textile Solutions Pvt. Ltd.
Recron Polyester from Reliance Industries Limited
Officina Meccanica Dora Enrico Srl
Centric Software
EUROVET ASIA LTD
International Sourcing Expo Australia
Newtech Textile Technology Development (Shanghai) Company Limited
Performance Days
John Varvatos
Vardhman Textile Ltd
VNU Exhibitions Asia
China World International Exhibition Company Limited
Truetzschler India Private Limited
H;&M Hennes ;& Mauritz (Far East) Ltd
Messe Frankfurt Exhibition GmbH
CGS Inc.
Lottmann Communications
Sportmaster Ltd.
Gokaldas Exports Limited
HYOSUNG CORPORATION INDIA PRIVATE LIMITED
Babyshop
Lifestyle
Nandan Denim Limited
DuPont de Nemours, Inc.,
Helly Hansen Far East Ltd
Walmart
Lectra Technologies India Pvt Ltd.
Vianney Textil Hogar S.A. De C.V.
Mesdan SPA
Benetton Group
Tchibo GmbH
Recron Polyester from Reliance Industries Limited
Seasalt Limited
G.A.S. unternehmenskommunikation gmbh
Shanghai Aige Exhibition Service Co., Ltd
Kornit Digital Asia Pacific Ltd
Splash
Copenhagen Fashion Summit
Infor (Hong Kong) Limited
The Top Form Brassiere Manufacturing Company Limited
IKEA of Sweden AB
IDH – The Sustainable Trade Initiative
Brandix Lanka Limited
The LYCRA Company Singapore Pte. Ltd
DyStar India Pvt. Ltd
Lisa S.P.A.
Sainsbury's Argos Asia Limited
Aramark Uniform ;& Career Apparel, LLC
Under Armour Global Sourcing Ltd
Huntsman (Singapore) Pte Ltd
Aleph Srl
H. Stoll AG & Company KG
Gloria Jeans
Page Industries Limited (Bangalore)
Meera Dyestuff Industries
Etam Group Strategy Hong Kong Limited
TEXVALLEY MARKET LIMITED
Gap International Sourcing Limited
Italian Trade Commission
J ;& P Coats
GHCL LIMITED
SHAHI Exports Pvt Ltd
Stahl Holdings B.V.,
Messe Duesseldorf
K AND D ITMACH EXPOSITIONS LLP
Grasim Industries Limited
Flainox S.r.l.
Savio Macchine Tessili S.P.A.
Istanbul Fuarcilik A.S.
Thermore (Far East) Ltd.
G-Star Raw C.V.
JES MEDIA, INC
Arvind Limited
Palexpo SA
Calvin Klein
Asos
Marzoli Machines Textile s.r.l.
Target Corporation (MN)
SYNERGIES HONG KONG LIMITED
Groz-Beckert KG
BRINKMANN GMBH
Colours India Inc
EPCH
NV Michel Van de Wiele
Indo Tex
N9 World Technologies Private Limited
Cat Tuong Real Estate Group Joint Stock Company
Lacoste (Wanchai)
Zünd Systemtechnik AG
NITI Aayog
SUZHOU TUE HI-TECH NONWOVEN MACHINERY CO.,LTD
Reiter India Private Limited
Phong Phu international JSC (PPJ)
Alison Hayes Romania
Eurofins BLC Leather Technology Centre Ltd
OVS Hong Kong Sourcing Ltd.
Groz-Beckert East Asia LLP
THE BOMBAY DYEING ;& MFG.CO. LTD
KIABI
Midas Clothing Limited
Amazon China
Jindal Worldwide Limited
International Textile Manufacturers Federation
BIMBA ;& LOLA SL
Haelixa AG
Alix Partners
Rayonese Textile Inc., Division de Culp Inc.
Desigual - ABASIC, S.A.
CSGIA(China Screen Printing & Graphic Imaging Association)
PVH Corporation
GIOVANNI BOZZETTO S.p.A.
Chico’ FAS
Restoque S.A.
TESTEX AG, Swiss Textile Testing Institute
C;&A Sourcing International Ltd
Comasia Limited
Thai Trade Center
Telangana State Industrial Infrastructure Corporation Limited (TSllC Ltd)
EMBEE CORPORATION
Permoda(Koaj/Armi/Pronto/Bkul)
FULGAR SpA
Sateri (Jiujiang) Fiber Co.,Ltd
APLF Limited
Jiangsu Yingyang Nonwoven Machinery Company Limited
Zydex Industries
Chori Company Limited
Inter Expo Center Ltd.
Boardriders Asia Sourcing Limited

Recommended


May 2022

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Knowledge

Fibre2Fashion has a diverse global readership, and delivers unique, authoritative and relevant content. Drawing on the expertise and credibility that we have built over the years and contextualising them with our in-depth research studies, we produce authentic news, articles, reports, interviews and interactive explainers through the F2F Magazine and compendiums, among others, which help readers stay abreast with the industry trends.
 
About | Privacy Policy | Terms of Use | Cookie Policy | Contact
We are on App
Copyright © 2022. All rights reserved by Fibre2Fashion Pvt. Ltd.
Woolmark
X
Advanced Search