The financial terms of the deals were not disclosed.
With the investment, the Alexander Wang brand said it will continue to expand its global presence, with a focus on global retail stores and continued investments in e-commerce, marketing, and innovation.the 10 biggest listed Chinese fashion companies
Youngor Group started as a men’s tailoring brand 43 years ago. It since has become a multifaceted conglomerate with businesses in apparel, property development, investment, textile manufacturing, and global trade. The company’s fashion unit, which includes Youngor, Youngor Mayor, Hart Schaffner Marx and Hanp, made 6.82 billion renminbi, or $1.01 billion, last year.
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