Following a successful Crowdcube campaign to raise funds to expand the business, cycle clothing firm, Vulpine, is now looking for a new managing director.
Last month the firm hit its £500,000 crowdfunding target within just five days and eventually raised more than double that amount. Fundraising was actually closed early because, in the words of founder Nick Hussey, “we don't want to just keep raising cash willy nilly.”
Hussey, will now concentrate on brand development with the new managing director looking to increase growth for the Vulpine and HOY Vulpine brands.
Hussey said that while the year had been one of huge success, it had also has seen him “hitting some barriers.” He believes that someone more experienced would be better positioned to nurture further growth.
“I want do what I love and do best, and therefore become brand director. By specialising this way, I can concentrate on product development, marketing ideas and maintain the clarity of what Vulpine means to our customers and the wider cycling community. Then someone more experienced can concentrate on running the company and accelerating our growth, aided by the amazing support we’ve seen so far from investors. No longer will I be spinning too many plates, dropping some, and unable to add value in the areas that we really stand out in.”
Hussey said the position could be a ‘dream job’ for someone. “How often does anything like this ever come up? To work with a really exciting, fast growing, friendly, innovative, much talked about new cycling brand and to lead it from the front. I hope we get some amazing applicants and we can slam the next stage of Vulpine's story together.”
More details can be found on the Vulpine website.