Fashion shoe retailer Moda in Pelle has receive $5.6m from Business Growth Fund to improve its current stores and improve its presence online.
UK-based womens shoe designer and retailer Moda in Pelle has received a £3.5m ($5.6m) investment from Businesss Growth Fund, the bank-backed fund committed to helping UK businesses grow.
The new funds will allow the company to continue to roll-out new stores across the UK and internationally, and also to help improve customer experience and develop Moda in Pelle’s online presence.
Following the round, David Inglis, who has previously advised the company and held roles at supermarket chain Asda and online…