Belle International Holdings Limited floated its shares in Hong Kong stock market from May 9 to 14. It is estimated that the group may acquire funds of around HK $8.7 billion by this.
Belle group is the biggest women-shoes retailer in China mainland. In January 2006, Belle Brand was conferred with 2005 China Brand Annual Award in Leather Footwear Section.
The Belle brand has opened around 3828 retail shops in 150 cities of China till last year and had also set up 35 retail shops in Hong Kong, Macao and America. This group has touched a profit of RMB977 million in 2006, three times up from the previous year.
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Fibre2fashion News Desk - China
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