Fast fashion retailer Urban Revivo eyes $100M Hong Kong IPO
Urban Revivo Fashion is reportedly exploring an initial public offering (IPO) in Hong Kong, potentially injecting momentum into the city’s listing market, which has been sluggish this year. The Guangzhou-based company is said to be working with advisors on a potential share sale to raise at least $100 million. Founded in 2006, Urban Revivo operates over 400 stores in China and expanded to other countries like Singapore, Thailand, and the Philippines. The company also sells online and aims to compete with brands like H&M and Zara.