Exclusive: Ann Summers secures £8m funding

Ann Summers Lakeside

Ann Summers has secured £8m in fresh funding in a bid to boost its omnichannel offering and drive growth, Retail Week can reveal.

Ann Summers has secured a deal with asset-based lender Secure Trust Bank Commercial Finance (STB CF), which has agreed to provide an £8m asset-based lending (ABL) facility to the lingerie and sex toy retailer.

 

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