Investors put $45 million into Chinese sports br - sportstextiles: Lea SportsTextiles

News

Investors put $45 million into Chinese sports brand

19/10/2010
A group of investors, including US private equity firm TPG, Swiss-based Partners Group Holding and ARC China Holdings have ploughed $45 million in new investment into China Vogue, a sports clothing brand based in Quanzhou, in China’s Fujian province.

China Vogue, which designs, manufactures and markets casual sportswear including track suits and running shoes, will use the money to continue expanding throughout China, according to a statement from TPG.

At the moment, the company sells footwear and apparel under the Sisulan brand in second- and third-tier cities across the country.

Sportstextiles.com cannot be held responsible for content if the language setting is changed from English.

The translations provided by Google Translate are automated and therefore might not be accurate and may contain incorrect, offensive or misleading language. We offer this facility as a guide only.