Aspinal of London hires investment bank to target further Middle East expansion

Luxury goods company Aspinal of London has hired investment bank Houlihan Lokey as it searches for a new business partner, the company has announced.

“Aspinal has been consolidating its UK business while at the same time seeding the brand internationally with excellent results,” the statement said.

“Starting with two new flagship stores in London and Dubai in 2018, the company is now seeking a financial partner to facilitate the roll-out of further flagships with a particular focus on China, the Middle East and the US,” the statement added.

In addition to its 20 outlets in the United Kingdom, Aspinal of London has 5 international outlets. Three of these are located in the UAE, at Dubai Mall and Abu Dhabi’s Galleria and Yas Mall.

Arabian Business. November 7, 2019