Online fashion retailer set for expansion after securing funding package
Moving to new premises is the perfect moment to review one’s time and attendance and access control systems, and that’s exactly the case with a Manchester-based online fashion retailer has revealed plans to extend into new premises after securing a six-figure funding package from HSBC.
In response to increasing customer demand, Missy Empire is taking a warehouse facility of 30,000 sq ft which will provide 200 per cent more stock capacity. The site will also house larger offices for the business’ sales and marketing team.
The move, which will create 30 jobs and increase turnover by 250 per cent over the next 12 months, is part of Missy Empire’s ambitions to both grow its position in the UK and expand into overseas markets, including the US, Europe and Australia.
Ash Siddique, managing director and co-founder of Missy Empire, said: "The fast fashion industry has grown significantly since we started in 2015. Our new warehouse gives us the capacity to stock and release entire ranges across the country and receives instant feedback."
Zubayr Atcha, relationship director for Manchester at HSBC, added: "Missy Empire is a great example of a company adapting to a new industry. The speed at which the business can bring new products to market and their use of online influencer campaigns is establishing Missy Empire as a household name.
"We’re delighted to help the business grow and bring more jobs to the North West."
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