Herbert Smith advised China Outfitters Holdings Limited on its $145 million IPO in Hong Kong on Dec. 9, 2011.

The Herbert Smith Hong Kong team was led by corporate partners Tommy Tong and Jason Sun, and the U.S. securities team by Kevin Roy and Melody Chen.

Commerce & Finance Law Offices advised the company on PRC law, while Walkers was the Cayman Islands and British Virgin Islands (BVI) law counsels. The underwriters had Hogan  Lovells as the advisor on Hong Kong and U.S. law, and Jingtian & Gongcheng Attorneys at Law on PRC law.

China Outfitters is a menswear-focused apparel design, manufacturing, marketing and sales company with an extensive sales network in 244 cities across China.

The company plans to spend the IPO proceeds mainly for licensing or acquisition of additional recognized international brands. The idea is to establish joint ventures, as well as to expand and enhance their existing logistics systems. ALB

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