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The fast-rising Sequoia China-backed brand, known for clothing, footwear and accessories with inbuilt sun protection, has filed to list on the Hong Kong Stock Exchange.
Queennie Yang
The News in Brief
The German luxury e-commerce company has joined the Chinese e-commerce giant, launching an official e-boutique on its platform.
Chinese sportswear giant Anta Sports posted strong annual revenue of 49.33 billion ($7.76 billion) yuan in 2021, up 38.9 percent year-on-year.
The Guangzhou-based parent company of Perfect Diary and Eve Lom posted total net revenue of 5.84 billion yuan ($916.4 million) in 2021.
The real estate developer has announced its intention to open the fourth iteration of its fashion and lifestyle concept, Taikoo Li, in China’s ancient capital of Xi’an.
The Chinese sportswear giant announced plans for the first Fila-branded hotel, dubbed Fila House, in Shanghai in conjunction with Hyatt Group.
The brand, which was originally founded in the US but has found recent success in the China market, has recently raised $40 million in series C financing, led by Chinese investor QY Capital.
The cross-border e-commerce platform owned by Chinese tech giant Alibaba has launched a luxury channel offering more than 10,000 products from more than 200 brands.