Latest news with #CambridgeSatchel
Fashion United
23-05-2025
- Business
- Fashion United
Cambridge Satchel parent company secures 100 million euros in new financing
Compagnie Chargeurs Invest, the parent company of Cambridge Satchel, Swaine and Nativa, has said that it has raised 108 million euros in financing as it continues into a new strategic chapter. The French firm had already secured a 75 million euro loan in December 2024, following a year that was 'marked by strong cash generation and very solid performance from its asset portfolio', chairman and chief executive officer, Michaël Fribourg, said in a release. This latest financing comes in the form of a syndicated loan with competitive financial terms and long maturity, backed by four financial institutions, as well as new renewable bilateral credit lines with Arkéa Banque and Bpifrance. Compagnie said that with this, the finance firms have 'thus reaffirmed their commitment' to supporting the company 'in the deployment of its new strategic trajectory'. 'With their support, the group will be able to focus its resources on accelerating the creation of sustainable value,' it added. Fribourg said the company intended to pursue a 'dynamic management strategy for its asset portfolio in the coming years' as it looks to 'globally enhance the competitive advantages of our high-growth global champions'. He added: 'The strong demand for the group's signature reflects the long-term attractivity of our business model and the financial strength of the Compagnie, which owns high-quality assets with significant financial and intrinsic value.' In 2024, Compagnie, which operates across nearly 100 countries, reported revenues of 729.6 million euros, an 11.9 percent uptick on the year prior on a reported basis. The company's operating profit, meanwhile, rose 113.3 percent to 38.6 million euros.
Fashion Network
09-05-2025
- Business
- Fashion Network
Cambridge Satchel opens in Edinburgh
Bags brand Cambridge Satchel is back in Edinburgh with its latest store, its fifth UK retail space. The 48 sq m store is in Edinburgh's Georgian New Town, located between the historic shopping destinations Princes and George Streets and next door to another heritage brand, Barbour. The label previously had an Edinburgh store on George Street. The new location comes after the label also recently opened down south in Windsor and is in addition to its existing stores in London's Covent Garden, in Cambridge, and in Leeds. Overseen by Cambridge Satchel CEO Carine De Koenigswarter, the new space was designed by architects Atelier A&D. It takes inspiration from the surrounding area with a palette of light greys and natural woods and the company says it's both a nod to British heritage and local Scottish influences. There's walnut panelling and warm wall colours 'to create an inviting and sophisticated backdrop that envelopes the feature wall cases and low units displaying the Cambridge Satchel's signature leather goods'. The façade has been upgraded and repainted in a deep oxblood red colour with a discreet backlit golden Cambridge Satchel sign. The front window is decorated with a series of wired metal cubes, custom built in Sheffield using Sheffield steel, 'adding a unique touch of industrial luxury to the historical location'. The product offer at the store includes the regular Cambridge Satchel line for women and men, plus 'exclusively designed product tailored towards the Scottish capital'. These include a Build-Your-Own Highland Cow key charm alongside British favourites like Corgi and Guardsman charms. There's also a Cambridge Satchel embossing service that allows customers to further personalise purchases. De Koenigswarter said: 'We have huge ambitions for the leather goods brand and these are coming to fruition through our continued retail expansion both in the UK and internationally with our recently opened Leeds, Windsor and Paris stores.'
Fashion Network
09-05-2025
- Business
- Fashion Network
Cambridge Satchel opens in Edinburgh
Bags brand Cambridge Satchel is back in Edinburgh with its latest store, its fifth UK retail space. The 48 sq m store is in Edinburgh's Georgian New Town, located between the historic shopping destinations Princes and George Streets and next door to another heritage brand, Barbour. The label previously had an Edinburgh store on George Street. The new location comes after the label also recently opened down south in Windsor and is in addition to its existing stores in London's Covent Garden, in Cambridge, and in Leeds. Overseen by Cambridge Satchel CEO Carine De Koenigswarter, the new space was designed by architects Atelier A&D. It takes inspiration from the surrounding area with a palette of light greys and natural woods and the company says it's both a nod to British heritage and local Scottish influences. There's walnut panelling and warm wall colours 'to create an inviting and sophisticated backdrop that envelopes the feature wall cases and low units displaying the Cambridge Satchel's signature leather goods'. The façade has been upgraded and repainted in a deep oxblood red colour with a discreet backlit golden Cambridge Satchel sign. The front window is decorated with a series of wired metal cubes, custom built in Sheffield using Sheffield steel, 'adding a unique touch of industrial luxury to the historical location'. The product offer at the store includes the regular Cambridge Satchel line for women and men, plus 'exclusively designed product tailored towards the Scottish capital'. These include a Build-Your-Own Highland Cow key charm alongside British favourites like Corgi and Guardsman charms. There's also a Cambridge Satchel embossing service that allows customers to further personalise purchases. De Koenigswarter said: 'We have huge ambitions for the leather goods brand and these are coming to fruition through our continued retail expansion both in the UK and internationally with our recently opened Leeds, Windsor and Paris stores.'
Fashion Network
09-05-2025
- Business
- Fashion Network
Cambridge Satchel opens in Edinburgh
Bags brand Cambridge Satchel is back in Edinburgh with its latest store, its fifth UK retail space. The 48 sq m store is in Edinburgh's Georgian New Town, located between the historic shopping destinations Princes and George Streets and next door to another heritage brand, Barbour. The label previously had an Edinburgh store on George Street. The new location comes after the label also recently opened down south in Windsor and is in addition to its existing stores in London's Covent Garden, in Cambridge, and in Leeds. Overseen by Cambridge Satchel CEO Carine De Koenigswarter, the new space was designed by architects Atelier A&D. It takes inspiration from the surrounding area with a palette of light greys and natural woods and the company says it's both a nod to British heritage and local Scottish influences. There's walnut panelling and warm wall colours 'to create an inviting and sophisticated backdrop that envelopes the feature wall cases and low units displaying the Cambridge Satchel's signature leather goods'. The façade has been upgraded and repainted in a deep oxblood red colour with a discreet backlit golden Cambridge Satchel sign. The front window is decorated with a series of wired metal cubes, custom built in Sheffield using Sheffield steel, 'adding a unique touch of industrial luxury to the historical location'. The product offer at the store includes the regular Cambridge Satchel line for women and men, plus 'exclusively designed product tailored towards the Scottish capital'. These include a Build-Your-Own Highland Cow key charm alongside British favourites like Corgi and Guardsman charms. There's also a Cambridge Satchel embossing service that allows customers to further personalise purchases. De Koenigswarter said: 'We have huge ambitions for the leather goods brand and these are coming to fruition through our continued retail expansion both in the UK and internationally with our recently opened Leeds, Windsor and Paris stores.'
Fashion Network
09-05-2025
- Business
- Fashion Network
Cambridge Satchel opens in Edinburgh
Bags brand Cambridge Satchel is back in Edinburgh with its latest store, its fifth UK retail space. The 48 sq m store is in Edinburgh's Georgian New Town, located between the historic shopping destinations Princes and George Streets and next door to another heritage brand, Barbour. The label previously had an Edinburgh store on George Street. The new location comes after the label also recently opened down south in Windsor and is in addition to its existing stores in London's Covent Garden, in Cambridge, and in Leeds. Overseen by Cambridge Satchel CEO Carine De Koenigswarter, the new space was designed by architects Atelier A&D. It takes inspiration from the surrounding area with a palette of light greys and natural woods and the company says it's both a nod to British heritage and local Scottish influences. There's walnut panelling and warm wall colours 'to create an inviting and sophisticated backdrop that envelopes the feature wall cases and low units displaying the Cambridge Satchel's signature leather goods'. The façade has been upgraded and repainted in a deep oxblood red colour with a discreet backlit golden Cambridge Satchel sign. The front window is decorated with a series of wired metal cubes, custom built in Sheffield using Sheffield steel, 'adding a unique touch of industrial luxury to the historical location'. The product offer at the store includes the regular Cambridge Satchel line for women and men, plus 'exclusively designed product tailored towards the Scottish capital'. These include a Build-Your-Own Highland Cow key charm alongside British favourites like Corgi and Guardsman charms. There's also a Cambridge Satchel embossing service that allows customers to further personalise purchases. De Koenigswarter said: 'We have huge ambitions for the leather goods brand and these are coming to fruition through our continued retail expansion both in the UK and internationally with our recently opened Leeds, Windsor and Paris stores.'
