Consumer
Chinese Zara Rival Urban Revivo Is Said to Weigh Hong Kong IPO
- Fast-fashion company is aiming to raise at least $100 million
- Guangzhou-based Urban Revivo has more than 400 stores in China
This article is for subscribers only.
Urban Revivo Fashion is considering an initial public offering in Hong Kong, people familiar with the situation said, possibly injecting some life into the city’s market after the slowest start to a year for listings since 2008.
The Guangzhou-based company is working with advisers on a potential share sale to raise at least $100 million, according to the people, who asked not to be identified discussing a private matter.