China Vogue, a leading casual sportswear company in China, recently announced that the global investment firm TPG, supported by Partners Group and ARC China Holdings Limited with Adam Roseman, will be investing over USD45 million into the Company.
Headquartered in Quanzhou of Fujian Province, China Vogue is one of the top 10 brands in Chinese casual sports apparel. They design, develop, manufacture and market their stylish sportswear which includes apparel, footwear and accessories.
China has seen a recent growth in stylish casual sportswear, mostly driven by their emerging middle class.
Investing in China’s Future
Christoph Rubeli, Partner in the Private Equity Directs team at Partners Group explained that, “We are pleased to partner with TPG and ARC China in this exciting investment opportunity.” And, Adam Roseman, CEO of ARC China Holdings Limited, a pre-existing investor in the Company, said that “China Vogue has demonstrated exceptional growth in its store network and distribution since its founding. We are very excited to partner with such a strong management team and believe that the company is poised to achieve strong growth in revenue and in brand awareness throughout China.”