Footasylum

Investor: HSBC UK

Footasylum, a prominent UK-based footwear and sportswear retailer, has extended its revolving credit facility with HSBC UK, raising the total facility limit from £35 million to £60 million to support accelerated physical and digital expansion. Summary of transaction details: Value: £60,000,000 Sector: Retail Advisor: Not disclosed Key Entities: Footasylum, HSBC UK Location: Rochdale, United Kingdom Note: The increased credit line is strategically allocated to fund new store openings in Leeds, Glasgow, and Merthyr Tydfil, while simultaneously financing significant e-commerce development and creating over 80 new roles, positioning the company for sustained omnichannel growth.