Peachaus Lingerie Lands Major Investment
Peachaus, the innovative lingerie label, just scored a £250,000 investment from Angus Monro, the former CEO of Matalan. Monro isn’t just investing money—he’s also stepping in as the acting chairman. That’s a double win for Peachaus, bringing both capital and priceless retail experience to the table.
What Does This Mean for Peachaus?
With Monro’s backing, Peachaus aims to accelerate its growth in the competitive lingerie market. The brand is reportedly seeking even more funding to fuel its ambitions. With a retail veteran like Monro on board, Peachaus could be about to shake things up in the world of intimate apparel.
It’s almost poetic—like getting a supermodel to walk your runway, but instead, you get a retail mogul to guide your brand! Will Peachaus become the next big thing in lingerie? Only time (and possibly more investors) will tell.
Sources:
fashionunited.com