Goldman to Provide $120 Million Pre-IPO Loan to China Warehouse Firm

Source: Shutterstock

HONG KONG, China — Goldman Sachs has agreed to provide a $120 million pre-IPO loan to Shanghai-based warehouse developer e-Shang, co-founded by U.S. private equity firm Warburg Pincus, e-Shang said on Thursday. Warburg has also raised its total investment to $200 million in the company it helped establish in 2011 with two local entrepreneurs.

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Cut From the Same Cloth: Esprit Tries on Zara for Fashion Makeover

Esprit Autumn/Winter 2013 Campaign | Source: Esprit

HONG KONG, China — Esprit Holdings' chief is doubling down on a bet to fix the struggling clothing retailer he took charge of a year ago by revamping its existing business model and recreating it in the image of his former employer-now-rival, Zara.

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The China Edit | China’s Flux, E-Commerce Opportunity, Mainland Multi-Brand Stores, Salvatore Ferragamo

From the "Salvatore Ferragamo: Evolving Legend" exhibit at MoCA Shanghai | Source: Flickr

The China Edit is a weekly curation of the most important fashion business news and analysis from and about the world’s largest luxury market.

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