China’s biggest women’s shoe retailer has submitted a listing application

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16 July 2019 à 14h23

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Publication: 16 July 2019 à 14h23

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16 July 2019 à 14h23

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Publication: 16 July 2019 à 14h23

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The Shenzhen-based retailer Belle International Holdings, which is the biggest women’s shoe retailer in China and operates more than 20,000 stores selling shoes, including Belle, Staccato, and Millie’s, has submitted a listing application to the Hong Kong Stock Exchange. Back in 2017, private equity firms Hillhouse Capital and CDH Investments made Belle private in a US$6.8 billion deal. Sources predict that the share sale could raise up to US$1 billion.

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