Search company, investor...

Stage

Take Private | Alive

Revenue

$0000 

About Belle International

Belle International (百丽国际) is a retailer with businesses broadly divided into two main segments: the Footwear business and the Sportswear and Apparel business.

Headquarters Location

19/F., Belle Tower No.8 Lanxiang 1st St, Yuehai Sub-District, Nanshan District

Shenzhen, Guangdong,

China

+86 755 8287 7388

Loading...

Loading...

Latest Belle International News

Belle International Files for Hong Kong IPO to Raise $1 Billion

Nov 1, 2023

The footwear company plans to make a stock market debut with the largest Chinese sportswear retailer, Topsports. Joy & Peace, a Belle International brand | Source: Joy & Peace (Joy & Peace) By 27 June 2019 HONG KONG, China — Chinese footwear retailer Belle International filed plans on Thursday to spin off its sportswear business via a Hong Kong initial public offering, a deal which two sources with knowledge of the matter said could raise $1 billion. The company aims to list the unit Topsports International Holdings Ltd, a large Chinese distributor and retail partner of foreign brands Nike Inc and Adidas, in the second half of the year, said the sources. The move comes two years after a consortium led by Hillhouse Capital Group and CDH Investments took Belle private in a $6.8 billion deal completed in July 2017, as traditional retailers battled online competition. TopSports did not immediately respond to Reuters' request for comment on its IPO plans. The sources declined to be named as they were not authorised to talk to the media. The Hong Kong market is beginning to see a rise in IPO activity, with the world's biggest brewer Anheuser-Busch InBev likely to launch the Hong Kong float of its Asian business, which could raise at least $5 billion, next month. Hong Kong is lagging behind the New York Stock Exchange and Nasdaq in raising capital via IPOs this year, with $8.06 billion raised as of mid-June compared with a combined $28.2 billion raised by the US exchanges, Refinitiv data showed. Established in 1991, Belle produces shoes under its own brands such as Belle and Staccato, and distributes other foreign labels such as Puma, Converse, Timberland and The North Face. Belle's unit Topsports is the largest sportswear retailer in China in terms of retail sales value, with a 15.9 percent market share in 2018, the company said in its IPO prospectus, citing consultant Frost & Sullivan. Topsports' revenue increased 22.4 percent last year to ¥26.5 billion (around $3.9 billion), while gross profit rose nearly 18 percent to ¥11 billion (around $1.6 billion), it said in the prospectus. It plans to use some of the IPO proceeds for technology, hiring staff, purchasing equipment and upgrading its directly operated stores. Its nationwide retail network included 8,343 such stores as of end-February. Bank of America Merrill Lynch and Morgan Stanley are the joint sponsors for the float. By Julie Zhu; editors: Sumeet Chatterjee and Jan Harvey. See all comments

Belle International Frequently Asked Questions (FAQ)

  • Where is Belle International's headquarters?

    Belle International's headquarters is located at 19/F., Belle Tower, Shenzhen.

  • What is Belle International's latest funding round?

    Belle International's latest funding round is Take Private.

  • Who are the investors of Belle International?

    Investors of Belle International include CDH Investments and Hillhouse Capital Management.

  • Who are Belle International's competitors?

    Competitors of Belle International include Kidsland and 4 more.

Loading...

Compare Belle International to Competitors

S
Suning Sports

Suning Sports is a sports industry group under Suning Group (苏宁集团). Suning Sports business include club operation management, sports media operation, youth training, sports copyright operation, sports commercial operation and sports real estate development.

T
Trinity Group

Trinity Group (SEHK: 00891) engages in the retailing of menswear in Greater China and Europe. It introduces, promotes, and manages international menswear brands in the fashion retail markets. It was founded in 1971 and is based in Hong Kong, Hong Kong.

i
iQiyi Sports

iQiyi Sports is a platform that offers sports competition coverage for soccer, tennis, and golf. Beijing Xin'ai Sport Media Technology is a joint venture by iQiyi and DDMC's Super Sports Media.

Sina Com Technology Logo
Sina Com Technology

Sina Sports is a Chinese digital sports media platform that provides live sporting events, highlights, news, discussion forums, and other related sports content, primarily targeted at Chinese communities around the world. It is based in Chaoyang District, Beijing.

B
BeautiMode

BeautiMode operates as an online lifestyle network. The company offers news about fashion, entertainment, beauty care, travel, food, and more. It was founded in 2013 and is based in Taipei City, Taiwan.

Shark Tank Taiwan Logo
Shark Tank Taiwan

Shark Tank Taiwan offers an online marketplace for consumer products and designer-label apparel. Its products include clothing, personal accessories, kitchen accessories, electronic appliances, and sporting goods. Shark Tank Taiwan was founded in 2014 and is based in Taipei, Taiwan.

Loading...

CBI websites generally use certain cookies to enable better interactions with our sites and services. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. You can read more about your cookie choices at our privacy policy here. By continuing to use this site you are consenting to these choices.