Weird Fish targets 60% growth following £4m in funding
Weird Fish, the Cheltenham-based UK clothing brand, plans to target global sales growth after securing £4m in funding from Santander Corporate & Commercial. Established in 1993, Weird Fish has grown into a business with 11 branded stores and over 400 stockists, including Debenhams, Cotswold Outdoor and Blacks Leisure, along with over 80 stockists in Europe. To capitalise on strong growth, the business is looking to invest further in its multi-channel capability, and the funding from Santander will be used to help the firm meet its target of growing retail and online sales by 60% over the next three years and further develop its export business. A trade finance facility will also be used to help with the import of manufactured goods. Christopher Mapp, Relationship Director, Santander Corporate & Commercial, said: 'The management team at Weird Fish has a clear strategy for growth and I'm delighted that Santander has been able to support their aspirations, particularly with regards to their multi-channel capability.'
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