Nov 05, 2021 09:44 AM (GMT+8) · EqualOcean
According to the documents of the Hong Kong stock exchange, KK group, a leading trend retail enterprise in China, submitted its listing application to the main board of the Hong Kong Stock Exchange today.   According to frost Sullivan report, in terms of Gmv in 2020, KK group is one of the three major trend retailers in China and the fastest-growing trend retailer among the top ten market participants. The compound annual growth rate of Gmv from 2018 to 2020 is 246.2%. As of the latest practicable date, KK group has established a store network with 680 stores. KK group has successfully incubated four retail brands, namely KKV, the colorist, X11 and KK Pavilion.   According to the prospectus, the Gmv of KK group from 2018 to 2020 and the first half of 2020 and 2021 were RMB 188 million, RMB 652 million, RMB 2254 million, RMB 647 million and RMB 2213 million respectively.