Project Description

About Clothing for Modern Times

In February 2006, Crown Capital Partners provided a US$5 million follow-on investment in Clothing for Modern Times Ltd. (“CMT”), a specialty clothing retailer which operates two main retail banners: Urban Behavior and Costa Blanca.  CMT     provides trend-conscious apparel to the youth market, ranging from teenagers to young adults.  Crown Capital Partners provided financing to CMT to assist the company with its United States growth plan.

Amount:  $1.25 Million

Type:  Secured Term Loan

Purpose:  Growth Financing

Head Office:  Toronto, Ontario 

Ownership:  Private

Date:  February 2006

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