New investment should allow Anya Hindmarch to make t - leatherbiz: Lea Leatherbiz

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New investment should allow Anya Hindmarch to make the most of Japan opportunity

22/07/2014
High-end leathergoods brand Anya Hindmarch has raised £24 million in new funding by selling preference shares in the business to existing investor, Qatar-based Mayhoola For Investment, according to the Daily Telegraph.

Mayhoola will now control 38% of the brand, with founder, Anya Hindmarch, retaining a controlling stake.

The newspaper said the new investment would fund an expansion plan in Japan. Japan accounts for around 35% of all Anya Hindmarch revenues, but the company has used a franchising model there until now. The new money will allow it to take control of and expand its Japanese operations.


Related stories:

Founder returns to helm of Anya Hindmarch 03/05/2019
Qatari investment fund completes sale of Anya Hindmarch 01/04/2019
Japanese leathergoods brand celebrates 80 years 16/04/2015

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