British luxury fashion brand Me+Em, founded by Clare Hornby, has raised 55 million pounds in its latest funding round led by Highland Europe to accelerate its international expansion.
Me+Em has become known for offering modern women long-lasting, high-quality contemporary luxury clothing that combines function and fit with ethical values. This ethos has seen the direct-to-consumer brand report triple-digit revenue growth globally over the past year, as consumers continue to prioritise higher quality purchases with sustainability credentials.
Highland Europe, the growth investor behind MatchesFashion, Threads and Huel, has led the investment round and will join existing investors Sir Charles Dunstone CVO, the executive chairman of TalkTalk, and Venrex Investment Management, which was an early backer of Revolut, Charlotte Tilbury, Not on the High Street and Lyst.
Me+Em targeting international growth following investment
Me+Em will use the investment to accelerate its expansion in the US, which is the brand’s fastest-growing geography, as it has quadrupled its…
