Shortly after receiving a new $30 million, 5-year revolving credit facility from independent lender Aurelius Finance Company to support its long-term growth ambitions, London-based footwear company FlipFlop announced that it has secured several new global distribution partners to support its growth:
- Spain: Albion 1897
- Canada: Slavin+Raphael
- Eastern Europe: Orbico for certain “key markets”
- Greece, Cyprus, Bulgaria and Romania: The Fais Group
- Estonia, Latvia, Lithuania, Azerbaijan and Georgia: Baltic Street Distribution
- Vietnam: Central Retail (already responsible for Thailand)
“FitFlop has launched its journey of growth, and we have set ourselves an ambitious commercial plan for the years ahead,” commented David Schuettenkopf, CCO of FitFlop. “This strategic plan touches on all channels and global regions. We are accelerating our direct-to-consumer business, fast-tracking our wholesale proposition, and have identified our key strategic markets as well throughout the distributor channel.”
