Matalan secures £25m to fuel store upgrades and digital transformation

Matalan has secured £25 million in additional funding from its anchor investors to support its ongoing business transformation.The fashion retailer said the investment will drive key initiatives, including store refreshes, new store openings, and improvements to its supply chain.
The funding comes from a group of investors including Invesco, Tresidor, Man Group, and Napier Park, and will also help launch a new app that will bolster Matalan’s ecommerce operations and support its loyal