Michael Hahn, Vice President at Samsung C&T America, explained that it is not necessary to give up equity in your company in order for it to grow at a Fashion Group International panel on “Staying in Business” on March 22nd; Vicki Young from WWD covered the event stating:
“The general consensus from the panelists was that the attendees don’t have to sell stakes in their firms in order to finance growth. When considering taking on debt or giving up some equity, debt is generally the better option since owners get to retain equity in the company and, more importantly, control of their business.” Read more.
Samsung’s unique wholesale infrastructure platform allows fashion brands to focus on the creative end of the operation while maintaining total control and ownership of their business.
Learn more about Samsung’s financial solution for fashion brands