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Oliver Bonas secures 3.5 million pounds in funding

9 days ago   |   By Fashion United

British fashion and lifestyle retailer Oliver Bonas has secured 3.5 million pounds in funding from HSBC UK to help support the company post-lockdown.
The funding is part of the Coronavirus Business Interruption Loan Scheme and aims to ease the financial strain on the retailer following months of its stores in the UK and Ireland being closed.
Half of the retailer's 80 stores across the UK have now reopened.
The company's founder and CEO Oliver Tress said in a statement: “The last few months have been extremely challenging but I'm very proud that we have been able to trade safely online and...
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