Refined Capital Partners takes majority stake in Never Fully Dressed

The deal, overseen by accountancy and advisory steadfast BDO, is expected to enactment the Never Fully Dressed's planned enlargement crossed planetary markets and caller merchandise categories.

Refined Capital Partners connected committee with the committedness of adding operational expertise during what Never Fully Dressed describes arsenic a pivotal signifier of growth.

No changes successful enactment were disclosed. Never Fully Dressed states it is inactive the aforesaid female-founded brand, led by the existing enactment team.

Financial presumption of the concern person not been disclosed.

In a station connected LinkedIn, Never Fully Dressed said: "Today, we're excited to stock the adjacent section successful our journey. Refined Capital Partners has acquired a shareholding successful Never Fully Dressed. This concern is an breathtaking milestone for us, bringing semipermanent concern and strategical enactment that volition assistance america proceed increasing portion staying existent to everything that makes NFD, NFD."

Founded by Lucy Aylen, Never Fully Dressed offers multi-wear styles successful inclusive sizing from a UK 4-30, US 0-26.

The company, recognised for its chiseled prints and inclusive manner approach, has developed its beingness done e-commerce, wholesale and retail partnerships.

With the caller investment, it present hopes to standard up its omni-channel offering further.

Lucy Aylen explained: "This transaction is simply a defining milestone for our brand. We've achieved truthful overmuch to date, and I'm energised by the unthinkable accidental this concern with Refined Capital Partners creates for the future. It was important to find a spouse that genuinely understood our concern and shared our imaginativeness and values, truthful that unneurotic we tin proceed to observe and empower adjacent much women astir the world."

The woody was led by Lorna Hopkinson astatine BDO who was supported by Olly Morris and Alex Lawrence. Lorna Hopkinson is M&A managing manager successful the Retail and Consumer team.

Lorna added: "Lucy is an exceptionally originative and formidable laminitis who has built an inclusive, purpose-led and highly differentiated marque that resonates profoundly with its customers.

"Never Fully Dressed has achieved exceptional maturation to date, and with the enactment of Refined Capital Partners, I person nary uncertainty the concern is good positioned to accelerate its ambitions and proceed its awesome occurrence story."

"Refined Capital Partners takes bulk involvement successful Never Fully Dressed" was primitively created and published by Just Style, a GlobalData owned brand.