– Mr. Fan Wing Ting founded the first operating company of the Group in Hong Kong.
– The Group established Macau Ieng Nam Limited and launched the retail business into the Macau market, and set up the first mono-brand stores for selling international fashion brands.
– The Group opened multi-brand stores under the name of UM in Macau.
– The Group commenced business in Southern China through establishment of Shouwei Trading (Shenzhen) Co., Ltd.
– The Group set up the Shanghai offices to further enlarge its business in Eastern China market.
– The Group and the brand, Neil Barrett jointly formed a joint venture company, which is solely responsible for the sales of the brand (deal and distribution business) in China and Macau.
– The Group opened the first mono-brand store in the Hainan Province, started to expand the Hainan market.
– The Group started to launch the apparel of proprietary brands UM•IXOX and IXOX in multi-brand stores under the name of UM.
– The Group opened “WF Fashion”, the life-style multi-brand store in Macau, to sell more than 50 brands including apparel, stylish home accessories and ornaments.
– The Group launched retail business in the Taiwan market and opened three mono-brand stores in Taiwan.
Successfully listed in SEHK (Stock code: 2528)