CITIC Capital Acquires Japanese Apparels Maker Mark Styler

CITIC Capital Holdings Limited has completed the acquisition of Mark Styler Co., Ltd., a Japan-based women’s apparels maker, according to a company announcement.

Specific deal terms were not disclosed.

Mark Styler operates over 170 direct stores at major shopping centers across Japan. It also promotes its brands via e-commerce platforms.

CITIC Capital will help Mark Styler to expand into the Chinese market, says the statement.

CITIC Capital plans to continue focusing on consumer products and service industries to capture the rise of consumer spending, the emergence of the middle-class in China, and the rapid growth of in-bound tourists into Japan.

China Expert network
 
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