UK retailer Footasylum secures £35m funding from HSBC UK for growth and sustainability.

UK retailer Footasylum has secured a £35 million funding package from HSBC UK to enhance its growth and sustainability initiatives. This includes a Sustainability Improvement Loan that ties interest rates to its environmental performance. Following a strong revenue increase to £319.5 million, the company plans to expand its store presence across the UK, aiming for carbon net-zero emissions by 2030 for Scope 1 and 2, and by 2040 for Scope 3.

October 07, 2024
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