Follow us

Menu
PARTNER WITH USFREE NEWSLETTER
VISIT TheIndustry.beauty

Aspinal calls in Houlihan Lokey to assess its options

Lauretta Roberts
04 November 2019

Aspinal of London has appointed investment bank Houlihan Lokey to assess its options after a spell of weak financial performance.

Founder and chairman Iain Burton is seeking an investment of about £20m for his luxury leather goods brand. In the year to March 2018, Aspinal reported sales of £31.4m, but the costs of a new IT system contributed to a loss of £2.2m and a breach of debt covenants.

Read the full article on The Sunday Times.

Free NewsletterVISIT TheIndustry.beauty
cross