Credited as a champion of the avant-garde within the Chinese retail industry, Sham Kar Wai’s extensive retail portfolio - operated through retail conglomerate I.T, houses several under-the-radar labels such as Ann Demeuelemeester, Garath Pugh, Zadig & Voltaire and Comme des Garçons. The labels are exclusively distributed within China through stand-alone stores and through I.T boutiques.
Through I.T, Wai also operates several in-house brands such as :Chocoolate, 5cm and b+ab, along with edgy retail concept stores Izzue and Double-Park. Initially started in Hong Kong, the company expanded its presence in 2002 and has since opened several boutiques in Beijing, Shanghai and Tianjin and Taipei in Taiwan. In 2011 Wai undertook his first acquisition (of ailing Japanese brand A Bathing Ape) and in late 2013 is set to open a department store in Beijing through a joint venture agreement with French department store Galleries Lafayette.
A high-school graduate, Wai founded I.T in 1988, in collaboration with his brother, as a small boutique located in the Causeway Bay district of Hong Kong. Stocking labels that were not previously available in Hong Kong, the store quickly gained cult status, becoming a fast favourite with local youths searching for new styles. Along with chairman of the board of directors of I.T Limited,Wai also serves as executive director and CEO and is co-owner of privately run investment vehicles 3WH Limited, Effective Convey Limited and Dynamic Vitality Limited.
Founder 1988 - Present, Hong Kong