Get Even More Visitors To Your Blog, Upgrade To A Business Listing >>

Fat Face Restructures as Chairman Lord Stuart Rose exits

Fat Face has announced it has completed its financial  restructuring and comprehensive refinancing agreement, and that chairman Lord Stuart Rose has left the company.

ima asia

The British lifestyle brand said  the 15 million pound cash injection will help it “significantly” reduce its debt and will be used to“invest in and deliver the current business strategy,while also supporting the business with any funding requirements as a consequence of Covid-19”.

The company also announced the departure of Chairman Lord Rose after seven years in the role, with his successor to be announced in due course.

The post Fat Face Restructures as Chairman Lord Stuart Rose exits appeared first on Perfect Sourcing — Latest Fashion, Apparel, Textile and Technology News.



This post first appeared on UK : Fourth Largest Textile Waste Producer In Europe, please read the originial post: here

Share the post

Fat Face Restructures as Chairman Lord Stuart Rose exits

×

Subscribe to Uk : Fourth Largest Textile Waste Producer In Europe

Get updates delivered right to your inbox!

Thank you for your subscription

×