Finance Wales backs young Welsh fashion designers Sexy Mac
It’s practical enough for the wettest school run yet stylish
enough for an evening out. Now, following its London launch
on 18th September, a new mac designed by two friends is
set to hit the high street thanks to a micro loan from Finance
Justine Jones and Lorna Oakley used their own
funds to design their Sexy Mac and establish their Bridgend-based
business in 2013. Finance Wales’ £25,000 micro loan has
provided them with start-up capital to purchase the stock they need
to ramp up production of the waterproof mac and satisfy their
growing order book.
Manufactured in the UK to the pair’s unique,
contemporary design, Sexy Mac is available in a range of colours
including red, fuchsia, beige and black from http://www.sexy-mac.com/.
“Lorna and I both worked in the fashion
industry and have dreamt of setting up our own business for some
years. We’re both busy mothers and came up with the idea for
Sexy Mac because we wanted a coat that’s stylish, easy to wear and
functional. A coat you could wear to work, to pick up the
kids or go out for drinks in the evening.
“We’re pleased that Sexy Mac has been so well
received since we launched it and also with the level of advanced
orders we’ve received. We’ve already invested our own money
in the business to get this far and the loan from Finance Wales has
given us the extra boost we needed to start producing and selling
Sexy Mac,” Justine explained.
Justine and Lorna have already collaborated
with award-winning couture designer, Natalia Kaut to create a
special edition Sexy Mac with a removable hood and finished with
hand-cut leather detailing.
Finance Wales Senior Investment Executive in
the micro loan team, Rhiannon Brewer worked with Justine and Lorna
to help finance the next phase of their company’s development.
She said: “Justine and Lorna have come up with a stylish,
contemporary product with niche market appeal. They’ve also
paid attention to the all-important design details that set Sexy
Mac apart in a very competitive market.
“They’ve coupled their clear vision and
industry experience to come up with a strong business plan.
They also have an eye for fashion trends and their tie-up with
Natasha Kaut is an important step for them. Our loan has
funded a range of the business’ start-up needs, enabling them to
purchase stock, upgrade their website and ordering systems as
well as to implement their marketing campaign.”
Finance Wales’ investment came from the Wales
Micro-business Loan Fund.