A SCOTS sustainable out of doors clothes and life-style model has secured £25,000 in funding after a profitable monetary 12 months.
Meander Attire acquired the mortgage from the British Enterprise Financial institution and Virgin StartUp to assist the enterprise’ development forward of its crowdfunding compaign, which is predicted to launch on 13 July.
The monetary backing enabled co-founders Jill and Steve Henry to increase Meander’s product line and entice curiosity from a number of main traders.
Jill and Steve at the moment are aiming to safe £150,000 funding to spice up the enterprise’ retail footprint throughout extra places within the UK, US and Europe, following a profitable 12 months which noticed revenues soar by 156%.
The model’s vary is manufactured utilizing recycled and low impression supplies, which have been ethically sourced from factories in Scotland and Western Europe.
Meander is dedicated to scale back carbon emissions by planting timber in Scottish woodlands and donating 1% of its annual gross sales to environmental charities.
The model was born 5 years in the past out of Jill’s thought of designing garments versatile sufficient to be worn from metropolis to mountain or bike to workplace.
In addition to their Edinburgh retailer, Meander Attire can be certainly one of 5 Scottish companies featured in a pop-up store on the new Virgin Inns Edinburgh.
Founders, together with Jill and Steve, not too long ago met and acquired enterprise recommendation from Sir Richard Branson as he attended the official launch of the lodge in March this 12 months.
Jill Henry stated: “Making a model that does the least doable hurt will all the time stay on the core of our values.
“Meander is a model for out of doors lovers and we need to do what we will to make sure we defend the planet that we like to discover.
“We use largely recycled, pure and natural supplies throughout our vary, however we’re all the time in search of methods to do higher and enhance.”