C.banner
C.banner is a Chinese fashion conglomerate based in Nanjing.[1] The company originally sold footwear, but has gradually expanded its reach to owning brands such as Hamleys, MIO, and United Nude.[2]
It is the second largest mid to premium retailer for women's casual and formal wear in China.
House of Fraser
[edit]Britain's House of Fraser said it would close some of its stores as a condition of securing new funds from international retailer C.banner (1028.HK), which will become the majority owner of the department stores group with a 51 percent stake.[3]
As of August 2018, C.banner have withdrawn from buying House of Fraser, causing the stores to go further into administration. [4]
References
[edit]- ^ "C.banner to buy iconic UK toy store Hamleys". People's Daily. 24 October 2015. Retrieved 6 September 2016.
- ^ "Official website - C.banner International Holdings". cbanner. C.banner International Holdings. Retrieved 6 September 2016.
- ^ Reuters Editorial. "UK's House of Fraser to close stores, secures C.banner investment". U.S. Retrieved 2018-05-02.
{{cite news}}:|author=has generic name (help) - ^ "Reuters". Archived from the original on August 10, 2018.