Melbourne-based design brand Kikki K has taken on a new minority shareholder as it accelerates global expansion.
TDM Asset Management has signed on as an investor to the company, providing capital for store openings and international projects.
Kikki K has credited new chief Ian Nairn for driving retail and e-commerce growth which has seen it ship to over 140 countries.
Nairn joined the business in February, following a shock exit as chief executive of David Jones.
Kikki K also credited 333 Capital for advising on the capital raising.
This is not TDM's first venture into the Australian design space, having backed footwear empire RCG Corporation.
The UK has been spotlighted as a core market for Kikki K, with its first stores launching in late 2015.
Since opening in London's Covent Garden in December 2015, the brand has gone on to open a third store in Kingston's Bentall Centre.
It has also entered Selfridges in London, Manchester and Birmingham, as well as Fortnum & Mason Piccadilly and Harrods department stores in quick succession.
Later this year, it is set to open additional retail stores in the UK and will continue to pursue opportunities for further global expansion in key capital cities.
Kikki K was founded in 2001 by Swedish-born Kristina Karlsson and co-founder Paul Lacy.
"We are so excited to have TDM on board as we work towards our global vision," Karlsson said.
"I am as ambitious as ever to realise my initial dream of opening Kikki K stores in my favourite cities right around the globe and sharing our beautiful and inspiring products."
Today, the brand has over 80 retail stores throughout Australia, New Zealand, Singapore, Hong Kong and the UK in addition to its online store.