The FINANCIAL — Barclays has supported Yours Clothing Limited with banking facilities of £1.75 million to support strategic expansion plans, according to Barclays.
Based in Peterborough, Yours Clothing Limited is a plus size ladies clothing retailer privately owned by Andrew Killingsworth. A true entrepreneur, Andrew joined his parents at an early age selling cheese and meats from a market stall in Huntingdon. By the time he left school in the 1980’s, Andrew had his own stall and having bought liquidated stock in plus size ladies clothing, he soon realised it was an area that most retailers had neglected.
The success of that idea has seen the formation of a company that has grown from strength to strength, staying true to its principles offering great clothes that flatter and fit as well as continuing to offer great value. In 2014 the company moved to a new head office in Orton Southgate, Peterborough and has continued to expand its store network across the UK. With over 70 stores in the UK and five in the Middle East and a strong internet presence, Yours Clothing has created 300 jobs this year – 70 at their head office and approximately 250 across their stores, according to Barclays.
“We are delighted to be working with Steve and the Barclays team as they have demonstrated a real strength and desire to help us, a small local brand, to achieve our ambitious global plans,” Andrew Killingsworth, Managing Director, Yours Clothing Limited said.
“This is a very exciting retail company, built on entrepreneurial spirit, which is rapidly expanding and creating new jobs. The banking facilities will be used to support the continued growth of the company,” Steve Brown, Relationship Director at Barclays said.
Discussion about this post