Tuesday, April 23, 2024

Footwear wholesaler accelerates growth following seven-figure funding package

A Leicestershire-based footwear wholesaler is accelerating its growth in international and domestic markets following a seven-figure funding package.

T&A Holdings, whose subsidiaries include T&A Footwear Limited and Heavenly Feet Limited, will use an international trade finance package from HSBC UK to support their global growth.

T&A Footwear Limited specialises in designing, manufacturing, and supplying footwear to major retailers like Sainsbury’s, George at ASDA, and Clarks.

Meanwhile, Heavenly Feet Limited focuses on designing and supplying its own brand, Heavenly Feet, to a network of over 300 independent retailers, along with partnerships with prominent retailers such as Next, JD Williams, and Shoe Zone.

T&A Holdings works closely with manufacturers across the Far East, including China and Vietnam. Funding from HSBC UK will enable the company to source and purchase plant-based materials as the company invests in designing and manufacturing recyclable footwear.

David Markham, financial director at T&A Holdings, said: “This funding from HSBC UK provides an exciting opportunity for us to explore sustainable production opportunities within Asia and bring our products to new and existing customers worldwide.”

Chirag Makwana, relationship manager at HSBC UK, added: “T&A Footwear and Heavenly Feet are long-established wholesalers and retailers of footwear in the UK. As interest in sustainable fashion continues to increase, we’re excited and delighted to support with boosting growth for both companies internationally.”

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