Jack Wills gets 10 million pound cash injection from Italian investor
By Huw Hughes
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Jack Wills has reportedly received a 10 million pound cash injection from an unnamed Italian investor.
According to Sky News, a wealthy Italian family office - and an investor in Jack Wills' existing majority shareholder, BlueGem Capital Partners - gave the much-needed cash injection several weeks ago.
While Jack Wills has not yet provided a comment, more details about the cash injection are expected to be made public in the following weeks when details of the recapitalisation are filed at Companies House.
Read more: Jack Wills to open at Springfields Outlet
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Jack Wills