Long Term Non-Exec Support to Crew Clothing Co

 
Crew.png

TRANSACTION TYPE
Long Term Non-Exec Support

VALUE
N/A

SECTOR
Multichannel Retail

WEBSITE
crewclothing.co.uk

 

Argyll Partners were approached by the controlling shareholder of Crew Clothing to provide strategic support and advice to the board at a time when the business was facing challenging trading and was struggling to develop a short or mid-term plan.

Crew Clothing

  • British-inspired clothing brand that specialises in casual wear, shoes and accessories for men and women

  • multichannel retailer selling direct and via 80 stores

Argyll Partners involvement included

  • joining the board as a non-executive director

  • clarifying financial pressures facing the business

  • working with management to develop working capital and cash flow improvement measures

  • as a board member pushing the development of a new business plan

  • spending a number of years on the board providing challenge and counsel to the board and protecting the interests of the majority shareholder

 
Non-Exec SupportLuke DaviesMultichannel Retail