Strathberry secures growth investment to accelerate global expansion, preps New York store

Scottish luxury leather brand Strathberry has secured growth investment from Soho Square Capital to support its next phase of international expansion, with a particular focus on North America.

The investment marks Soho Square Capital’s first deal from its Partnership Capital Fund II and represents the second funding partnership for Strathberry, following its investment from BGF between 2022 and 2026.

North America is currently Strathberry’s largest market, making it a key priority for the brand as it expands its international retail presence. The company also continues to see growing demand across APAC and GCC markets, as well as newer markets including Australia and Germany.

In a statement, co-founders Guy and Leeanne Hundleby, said: “This investment marks an incredibly exciting chapter for Strathberry. Since founding the business, our ambition has always been to build a global brand with a distinct point of view, while staying rooted in our commitment to exceptional craftsmanship, creativity and thoughtful design.

"This partnership gives us the opportunity to accelerate that vision and invest in the next phase of our growth.”

Strathberry currently operates four physical stores in the UK, across London and Edinburgh, currently ships to over 100 countries and is stocked by a curated selection of global retailers.

Strathberry to open first international store in New York

Its next phase of expansion will include two new stores in FY27, with one in London and its first international location in New York, which will serve as the starting point for a wider US bricks-and-mortar strategy, with the brand looking to secure further prime retail locations.

David Steel, director at Soho Square Capital, added: “Strathberry is an exceptional brand with a rare combination of craftsmanship, a distinctive design signature and a genuinely international, loyal customer base.

"The label’s ‘high-end quality at accessible prices’ ethos is resonating with shoppers disillusioned with top luxury houses. Guy, Leeanne and the team have created something special, and there is significant scope to grow the business further, particularly internationally.”

The Hundlebys will retain control of the business, with support from managing director Martin Byrne and the existing senior leadership team. Steel will join Strathberry’s board as part of the investment.

BGF investor John Devine added that Strathberry had increased revenues more than five-fold during its partnership with the investor, while developing from its Scottish roots into an internationally recognised brand.

Founded in Edinburgh in 2013 by husband-and-wife duo Guy and Leeanne Hundleby, Strathberry has indeed recorded strong growth in recent years. The brand reported 50.5 million pounds in revenue for FY26, up 39 percent year-on-year, and further recorded a compound annual growth rate of 43 percent over the past three years.