On March 30th, The Fold, a luxury fashion brand based in London, successfully raised £1.7 million through crowdfunding, with women investors accounting for two-thirds of the total, which is nearly three times the average level of female investors on the crowdfunding platform Crowdcube.
The funds raised will be used to open new stores, expand the brand’s personal styling services, and grow its digital business.
The crowdfunding campaign was led by investment fund Active Partners, which has previously invested in brands such as Leon, Soho House, Finisterre, Rapha, and Secret Cinem …