Cosmo Lady (China) Holdings Company Limited
Simplified Chinese都市丽人(中国)控股有限公司
Traditional Chinese都市麗人(中國)控股有限公司
Shop in Suzhou

Cosmo Lady (China) Holdings Company Limited (HKSE: 2298), doing business as Cosmo Lady (simplified Chinese: 都市丽人; traditional Chinese: 都市麗人; pinyin: Dūshì Lìrén; Jyutping: dou1 si5 lai6 jan4; lit. 'City Beauty') is a Chinese company, headquartered in Dongguan, that manufactures underwear; As of 2019 it is the largest such company in the country.[1] In 2014 it was the largest such company, if operating revenue is the method of measurement, with its own brand.[2] It operates some retail shops selling its own products.[1] As of 2014 Zheng Yaonan (郑耀南; 鄭耀南) is the chairperson.[3]

History

The brand was established in 1998 and the current corporation was established in 2009.[4]

Historically the company sold only women's underwear. In 2014 the company had considered steps to also begin selling such products for male consumers.[3] That year it made an initial public offering and effective 26 June 2014 was listed on the main board of the Hong Kong Stock Exchange (HKSE).[2]

In 2019 there was an expected loss of 140 million USD, and possible plans to close retail stores.[1]

Corporate affairs

Its head office, the City Beauty Industrial Park (都市丽人工业园; 都市麗人工業園),[4] is in Fengdeling Village (凤德岭村; 鳳德嶺村; Fèngdélǐngcūn; fung6 dak1 ling5 cyun1), Fenggang Town, Dongnan District, Dongguan.[5] It moved to its current headquarters in 2010.[4]

See also

References

  1. ^ a b c Yiu, Enoch (2019-12-24). "China's biggest underwear maker Cosmo Lady warns of US$140 million loss as slowing economy hits demand". South China Morning Post. Retrieved 2019-12-24.
  2. ^ a b Toh, Han Shih (2014-06-16). "Cosmo Lady, Changgang Dunxin to break Hong Kong's IPO doldrums". South China Morning Post. Retrieved 2019-12-24.
  3. ^ a b Wong, Vey (2014-06-30). "Cosmo Lady eyes growth in men's underwear segment". Hong Kong Economic Journal. Retrieved 2019-12-24.
  4. ^ a b c "Milestones". Cosmo Lady. Retrieved 2019-12-24. - Note that the industrial park, known as in Chinese as "都市丽人工业园" (simplified) and "都市麗人工業園" (traditional) -- See Simplified and Traditional Chinese "Milestones" pages -- is called "City Beauty Wind [sic] Industrial Park" in the English timeline page, but is shown as having the English name "City Beauty (Dongguan) Industrial Park" in the image shown in the English about page (As of 2019/12/24)
  5. ^ "Cosmo Lady (China) Holdings Company Limited Global Offering" (PDF). p. 65 (PDF p. 71). Principal Place of Business and Head Office in China Shi Shi Xia Shan Tang Wei, Fengdeling Village Fenggang Town Dongguan City Guangdong Province, PRC - Address in Traditional Chinese "中國主要營業地點及總部 中國廣東省東莞市鳳崗鎮鳳德嶺村獅石廈山塘尾"

Further reading