Matalan, a British fashion and homeware retailer, has obtained an additional £25 million (approximately $33 million USD) in funding from its main investors: Invesco, Tresidor, Man Group, and Napier Park. This capital injection will fuel the company's ongoing multi-year transformation plan.
Executive Chair Karl-Heinz Holland expressed confidence that this investment will accelerate their strategic progress and drive sustainable growth.
The funding announcement follows the recent appointment of Sarah Welsh as Chief Product, Brand, and Commercial Officer, highlighting Matalan's commitment to meeting customer demands for quality and value.