SRG is set to push through expansion plans for its brands after completing a re-financing deal.
The re-financing has given the fashion company funds to expand Suits You stores, five of which are set to open in 2008. It will also now invest further in its Young’s Hire and Racing Green brands.
SRG chief executive Steve Gipson said: “This is a sign of our backer’s confidence in the business and I am excited by the opportunities that lie ahead and look forward to leading the business through its next stage of development.”
Separately, Stefania Festi has been appointed by the group as a senior merchandiser to spearhead the core suit business. She joins from rival menswear firm TM Lewin.
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