In March 2021, the Group announced the conditional acquisition of a partial interest in Clarks, a global footwear brand offering unrivaled craftsmanship and innovation since its foundation in 1825.
Based in Somerset, England, Clarks’ mission is to empower everyone with the freedom to move comfortably – creating stylish shoes designed for modern life. Clarks’ key markets include the United Kingdom, the United States, and many more countries and regions around the world, including the Greater China region.
The Group acquired Bossini International Group and its subsidiaries in July 2020.
Since opening its first retail store in 1987, Bossini's business has expanded to more than 30 countries and regions after more than 30 years of development. In 2021, the group launched the bossini.X, a fashion casual wear brand that integrates sports elements.
Built on the vision of sustainability, LNG is a fashion brand that combines high-quality fabrics, modern crafts, and technical innovation as core design concepts.
Making products for multiple modern urban scenarios, LNG explores sustainable, high-quality, and comfortable fashion concepts to offer consumers clothing for work and play.
In January 2022, the Group completed the conditional acquisition of the entire issued share capital of Sitoy AT Holdings Company Limited, which owns Amedeo Testoni ("a. testoni") – the Italian luxury brand founded in 1929.
Li-Ning is the Chinese leader in athletic apparel and footwear, rooted in the vision of its founder and namesake, the champion gymnast, Mr. Li Ning. He founded the company in 1990 with the simple goal of providing Chinese athletes a national brand to wear on the world stage of the Olympics — historically one of the West’s rare portals into authentic Chinese Culture.
This modest intention has led to the rise of a global sport pioneer. Residing at the forefront of 21st-century design and technology while celebrating its own storied heritage, Li-Ning explores the tension between past and future, man and nature, flexibility and strength. Yet it is ultimately driven by the boundless potential of the human body.
The Group completed the acquisition of 10% equity interest in Double Happiness Group in 2016, and increased the shareholding to 19.5% in 2024. Through strategic cooperation after the acquisition, the Group is expected to take advantage of the network derived from Double Happiness Group's sponsorship of sports tournaments and events, which will be beneficial to the expansion of the Group's sports portfolio. Meanwhile, we strive to create values and enhance profits for the Group by participating in the business resources integration of Double Happiness Group.
Check out HERE for more information on Double Happiness Group.
In June 2024, the Group announced the formation of a joint venture with LionRock Capital Aspire (HK) Limited to jointly operate Haglöfs, a renowned Nordic outdoor equipment and apparel brand, in Greater China.