Milan Station aims to raise capital in Hong Kong IPO

05/4/2011 | Reuters

Milan Station, a handbag retailer based in Hong Kong, is striving to raise as much as HK$270 million by floating on the city's exchange. The company plans to use the proceeds from the IPO to open 24 new stores in Beijing, Guangzhou, Shanghai and other major Chinese cities. Milan Station, which also operates under the name France Station, is trying to tap into the luxury-products appetite of Chinese consumers.

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