9 years ago
Spoke Secures $1.8 Million to Expand Menswear Brand and Global Reach
Spoke, a UK-based online menswear brand focused on providing better fitting clothes, has secured $1.8 million in funding
The round was led by Oxford Capital and included participation from Forward Partners, Seedcamp, and angel investors
Spoke aims to bridge the gap between bespoke and ready-to-wear clothing, offering a wider range of sizes and custom finishing for a perfect fit
The company has experienced significant growth, with revenues tripling in the first half of 2016 and its website attracting over 500,000 visitors annually
The funding will be used to expand Spoke's product range and reach a wider global audience.
ProblemFashion
"Men have difficulty finding perfectly fitting clothes off the rack, leading to frustration and a poor shopping experience."
Solution
"Spoke offers a new kind of menswear brand that focuses on fit, cutting clothes in more sizes and finishing them to order, providing a superior alternative to traditional bespoke and ready-to-wear options."