CITIC Capital Holdings Ltd. said its acquisition of Mark Styler Co. Ltd. has closed. Financial terms weren’t announced. Tokyo-based Mark Styler is a women’s apparel retailer that designs and develops various brands including Mercuryduo, Emoda, Dazzlin, Murua and Ungrid.
(Tokyo, 5 May 2015) CITIC Capital Holdings Limited (“CITIC Capital” or “the
Company”), is pleased to announce that the acquisition of MARK STYLER Co., Ltd.
(“MARK STYLER”) in Japan has been completed.
MARK STYLER is a Japan-based company engaging in the design, development and
retailing of women’s apparels under various brands including MERCURYDUO,
EMODA, dazzlin, MURUA and Ungrid. The strong lineup of brands is supported by
excellent marketing and advertising strategies, and has successfully attracted a lot of
fashion-conscious young consumers. MARK STYLER operates over 170 direct stores
at major shopping centers across Japan. In addition to its direct store operation,
MARK STYLER also promotes its brands via the e-commerce portal site called
“RUNWAY Channel”, which is a highly popular fashion website followed by its target
CITIC Capital will continue its investment and focus on consumer products as well as
service industries to capture the rise of consumer spending, emergence of the
middle–class in China and the rapid growth of in-bound tourists into Japan. MARK
STYLER considers foreign expansion into China a major growth driver together with
further enhancement of its domestic business. CITIC Capital will work closely with
MARK STYLER’s management and employees and leverage its unique capabilities,
such as an extensive network and track record throughout China and the rest of Asia,
resources, knowledge, consulting a