SHANGHAI TANG
Swiss luxury group Richemont has sold Shanghai Tang, the Chinese fashion brand, to Shanghai Tang Group Limited, a business jointly owned by Alessandro Bastagli, a prominent Italian businessman, a private equity firm based in Hong Kong and LuxLab Limited, a subsidiary of Eaton Gate Capital Partners. Richemont first acquired a stake in Shanghai Tang in 1998 before taking full ownership a decade later. When Richemont bought Shanghai Tang from Sir David, the company was focused on marketing trad... itional-style Chinese outfits to foreign travellers passing through Hong Kong, with few sales to local customers. Since then it had expanded to 23 stores and has attempted to appeal to a wider customer base, although many Shanghai Tang shirts still feature a mandarin collar, a style common in Asian apparel in the 19th century. It has sought to position itself as a leading luxury brand within China, home to the world’s largest luxury market
SHANGHAI TANG
Industry:
E-Commerce Fashion
Founded:
1994-01-01
Address:
Central, Hong Kong Island, Hong Kong
Country:
Hong Kong
Website Url:
http://www.shanghaitang.com
Total Employee:
251+
Status:
Active
Contact:
(852) 2839 0824
Email Addresses:
[email protected]
Total Funding:
0
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Current Advisors List
Founder
Investors List
Cassia Investments
Cassia Investments investment in Private Equity Round - Shanghai Tang
Eaton Gate Capital Partners
Eaton Gate Capital Partners investment in Private Equity Round - Shanghai Tang
Official Site Inspections
http://www.shanghaitang.com Semrush global rank: 1.62 M Semrush visits lastest month: 15.5 K
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- Postal: 20149
