SWEDEN - Industrifonden backs SEK 11m Vincent funding

Vincent, founded in 1999, provides a range of high quality children’s shoes at affordable prices. The company operates around 30 company-owned and franchised outlets across 10 countries worldwide: Sweden; the US; Canada; Germany; Russia; Switzerland; England; Ireland; Austria and Italy.

The new capital will fund continued international expansion, beginning with an increase in the number of stores in Sweden, Germany, Russia and US. The company aims to increase the number of stores to 120 within the next three years. Vincent generated SEK 22m turnover in 2007 and expects this to double in 2008.

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• Topics
• Expansion
• Nordics