The founder of fashion chain New Look …invested in a clothes rental app that aims to reduce waste. Tom Singh…and Roger Devlin are among the investors…
New Look founder Tom Singh has invested in Love the Sales, an online marketplace for discounted clothes from the likes of John Lewis and Ted Baker.
New Look founder Tom Singh said this week that he was to retire, following the completion of the company’s latest financial restructuring... Tom Singh said: “I’m incredibly proud of all that we have achieved at New Look over the past 50 years. There have been many challenges, but I have been fortunate to work with inspiring and dedicated teams..."
The £2m investment comes from a venture capital-led funding round by firstminute capital with Henry Lane-Fox as the lead. Firstminute capital’s $100m seed fund is backed by 30 unicorn founders and global strategics. Additional investors include Tom Singh, the founder of New Look, Pembroke VCT, Wing Chan, CTO digital experiences of The Hut Group, and Carlos Morgado, former CTO of Just Eat, who also joins Floom’s board.
Online venue booking platform backed by New Look founder Tom Singh OBE raises £1 million to kickstart its international expansion…Singh added: "We're excited to continue to back the VenueScanner team. They've scaled a unique approach to innovating in the events market, with 18,000 spaces live across 15 UK cities…”