• Gordon Brothers loans 25 million dollars to Everlane to support growth

    2 monthes ago - By Fashion United

    Image: Everlane
    Global advisory firm Gordon Brothers has announced that it has provided American clothing retailer Everlane with a 25 million dollar term loan secured by the brand and its working capital assets.
    In a release, the company said the brand would use the loan to support “over a decade of continued growth”.
    Speaking on the agreement, Tobias Nanda, president of brands at Gordon Brothers, said the firm had admired Everlane since its founding and recognises the “significant brand value” it has built.
    Nanda continued: “So, when presented with the opportunity to work with the team...
    Read more ...