Skip to content
Fashion

La Chapelle takes Jack Stroll stake

By Wei ZhangChina
2 min read
shanghai tang2
shanghai tang2
In this article (5)

Shanghai La Chapelle Style has taken a controlling stake in high quality mens’ style label Jack Stroll.

The Hong Kong-listed firm has paid RMB 75 million for a 69.12 per cent share of the six yr previous Jack Stroll Shanghai enterprise which produces casualwear, sport, denim and enterprise. attire and has its personal retail chain.

La Chapelle says the funding is in keeping with its product-oriented technique in addition to its core values of “cost-effectiveness, trend, high quality”, which can assist strengthen the group’s place in mass-market casualwear phase.

Because the introduction of its male attire merchandise in 2011, La Chapelle has been actively cultivating its menswear manufacturers and continuously looking for for alternatives to develop new model to be able to improve its market share in menswear market.

“The core administration workforce of Jack Stroll had labored in numerous well-known worldwide fast-fashion corporations together with Uniqlo and possesses ample hands-on expertise within the business,” La Chapelle stated in a press release.

“The funding in Jack Stroll will additional enrich the product mixture of the group and speed up the implementation of its multi-brand technique. Leveraging on La Chapelle’s in depth distribution channel and aggressive provide chain functionality, the funding is predicted to reinforce Jack Stroll’s speedy enlargement and margin enchancment,” stated the assertion.

“The funding in Jack Stroll will additional enrich the product mixture of the group and speed up the implementation of its multi-brand technique.

“With the rising male inhabitants in China, the change within the attire consumption preferences for male shoppers and a big improve in buying energy, China’s informal menswear and enterprise informal menswear market has been rising quickly, and is predicted to proceed its secure progress,” stated Wang Yong, government VP of La Chapelle.

“The core members of Jack Stroll have years of operational expertise in worldwide fast-fashion corporations. They’re the specialists in working ‘brief, cost-effective, quick’ enterprise, which is appropriate for present fast-fashion market. Then again, their in depth expertise in product improvement and model administration allows them to intently comply with market developments and develop merchandise which are according to the wants of mass shoppers.

“As one of many essential steps in La Chapelle’s multi-brand technique, investing in high quality menswear model Jack Stroll will certainly increase the enterprise progress of the group,” he concluded.

Based in 2001, Shanghai La Chapelle Trend designs, markets and sells attire merchandise with a give attention to mass-market women’ casualwear. The group has eight manufacturers (5 ladieswear manufacturers, two menswear manufacturers, one childrenswear model): La Chapelle, La Chapelle Sport, 7.Modifier, Candie’s, La Babite, La Chapelle Homme, Pote and La Chapelle Youngsters.

As of the top of 2014, the group’s had 6887 retail factors in some 2200 places, comprising primarily department shops and purchasing malls, in cities throughout all 31 provinces, autonomous areas and municipalities within the PRC.

Questions & Answers

Q.

What kind of clothing does Jack Stroll produce, and how old is the company?

A.

Jack Stroll Shanghai produces casualwear, sport, denim, and business attire. The company is six years old and also has its own retail chain, selling a variety of menswear products.

Q.

How will La Chapelle's investment benefit Jack Stroll according to the article?

A.

The investment is expected to enhance Jack Stroll’s rapid expansion and margin improvement. This will be achieved by using La Chapelle’s extensive distribution channel and competitive supply chain capability.

Q.

What is La Chapelle's primary business focus before this acquisition?

A.

La Chapelle, founded in 2001, primarily designs, markets, and sells apparel with a focus on mass-market women's casualwear. They operate multiple brands including five for women, two for men, and one for children.

Q.

Why does La Chapelle consider the Jack Stroll core management team suitable for its plans?

A.

The core management team of Jack Stroll has extensive operational experience in international fast-fashion companies like Uniqlo. Their expertise in 'brief, cost-effective, quick' business and product development aligns with the fast-fashion market and consumer needs.

Reader pulse

Is this a smart menswear move for La Chapelle?

23,260 votes so far

Weekly Briefing

Asia's retail intelligence, in your inbox

Tuesday, Thursday and a Saturday Weekly Wrap: the retail stories, numbers and moves that mattered across Asia. Nothing else, and you can unsubscribe in one click.

  • Top industry moves and market shifts
  • Weekly data-driven analysis from across Asia
  • Tuesday, Thursday and the Saturday Weekly Wrap

Read by retail operators, investors and brand teams across Asia.

Protected by a quick human check. No spam, ever. Unsubscribe in one click.

SecureGDPR ready