Handbag store Milan Station eye $35 mln HK IPO -paper
May 4 (Reuters) - Milan Station, a replica LV
Handbags retailer, is looking for to
improve as a terrific offer as HK$270 million ($34.7 million) in an
preliminary online community providing in Hong Kong after this month,
the South China Morning article reported on Wednesday.
The Hong Kong-based retailer, which operates 14 outlets below the name Milan Station and France Station in Hong Kong, Macau and Beijing, ideas to arranged up 24 new outlets in main chinese language program cities, such as Beijing, Shanghai, Guangzhou, Chengdu, and Hangzhou, through the up coming two many years tapping the cash-rich mainlanders' appetite for luxury products, the cardstock said.
Milan Station, which sells new and next hand-hand d&g handbags knockoffs custom made hangbags from producers that consist of Hermes, Chanel, Louis Vuitton and Gucci, determined the dimension using the Hong Kong custom made handbag current market at HK$9.6 billion in 2009 of which 45 % of product sales have been from mainlanders, the cardstock stated citing a pre-listing prospectus.
The organization aims for just about any flotation over the finish off with this month, the cardstock added. It gave no even more listing details.
Tapping the developing appetite for luxury products in China, countless luxury producers such as Italian style home Prada, upscale handbag and add-ons maker instructor Inc , and British luxury shoemaker Jimmy Choo, are eyeing a listing in Hong Kong.
The Hong Kong-based retailer, which operates 14 outlets below the name Milan Station and France Station in Hong Kong, Macau and Beijing, ideas to arranged up 24 new outlets in main chinese language program cities, such as Beijing, Shanghai, Guangzhou, Chengdu, and Hangzhou, through the up coming two many years tapping the cash-rich mainlanders' appetite for luxury products, the cardstock said.
Milan Station, which sells new and next hand-hand d&g handbags knockoffs custom made hangbags from producers that consist of Hermes, Chanel, Louis Vuitton and Gucci, determined the dimension using the Hong Kong custom made handbag current market at HK$9.6 billion in 2009 of which 45 % of product sales have been from mainlanders, the cardstock stated citing a pre-listing prospectus.
The organization aims for just about any flotation over the finish off with this month, the cardstock added. It gave no even more listing details.
Tapping the developing appetite for luxury products in China, countless luxury producers such as Italian style home Prada, upscale handbag and add-ons maker instructor Inc , and British luxury shoemaker Jimmy Choo, are eyeing a listing in Hong Kong.
