The profile of TLG’s Modalu bags rocketed after one was spotted on the arm of Pippa Middleton at last year’s royal wedding. British designed and priced as an affordable luxury, TLG’s bags sell under the Fiorelli, Modalu and Nica brands in 60 countries. Owned by Synova Capital since 2008, and led by chief executive Mike Hiscock, TLG saw international sales grow 87% a year, from an annualised £1.5m in 2009 to £5.3m in 2011.
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