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La Chapelle issues 54 million A shares to fund its expansion

Chinese retailer Shanghai La Chapelle Fashion Co, backed by Hong Kong jeweller Chow Tai Fook, announced on Monday its plans to float 54.77 million A shares to fund a 1.64 billion yuan expansion plan. According to local media, the A-share listing includes 27.4 million existing shares and won´t be minor to the 10 percent of its enlarged share...

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Business

La Chapelle acquires 45 percent of online fashion retailer QiGeGe

Shanghai-based La Chapelle Fashion Co., Ltd (6116.HK), one of the largest fashion apparel companies in China, has announced it has entered an equity transfer agreement and a capital injection agreement with the ever-expanding online fashion retailer Hangzhou Anshe E-Commerce Company Limited, better known for its brand name QiGeGe. Thanks to the...

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