Dune has reached an agreement with Royal Bank of Scotland that will result in a multi-million pound working capital package. The bank is providing a rolling credit facility that is supposed to give the British footwear and accessories retailer the flexibility to support the growth of its multichannel solutions, its chain of stores and concessions, and its presence in foreign countries. Based in London, Dune has more than 300 stores and concessions in 25 countries across Europe, the Middle East, India and South Africa. Last year the retailer opened its first U.S. store on Broadway in Manhattan, with plans to open two more stores in New York soon.

Topics