C.banner is a Chinese fashion conglomerate based in

Nanjing Nanjing (; , Mandarin pronunciation: ), Postal Map Romanization, alternately romanized as Nanking, is the capital of Jiangsu Provinces of China, province of the China, People's Republic of China. It is a sub-provincial city, a megacity, and t ...

. The company originally sold footwear, but has gradually expanded its reach to owning brands such as

Hamleys Hamleys is a British multinational toy retailer, owned by Reliance Retail. The world's oldest toy store, it was founded by William Hamley as "Noah's Ark" in High Holborn, London, in 1760. It moved to its current site on Regent Street in London' ...

, MIO, and United Nude. It is the second largest mid to premium retailer for women's casual and

formal wear Formal wear or full dress is the Western dress code category applicable for the most formal occasions, such as weddings, Baptism, christenings, confirmations, funerals, Easter traditions, Easter and Christmas traditions, in addition to certain ...

in China.

House of Fraser

Britain's

House of Fraser House of Fraser (also operating as Frasers) is a British department store group with 44 locations across the United Kingdom, which is now part of Frasers Group. It was established in Glasgow, Scotland in 1849 as Arthur and Fraser. By 1891, it w ...

said it would close some of its stores as a condition of securing new funds from international retailer C.banner (1028.HK), which will become the majority owner of the department stores group with a 51 percent stake. As of August 2018, C.banner have withdrawn from buying House of Fraser, causing the stores to go further into administration.

References

{{Reflist Clothing companies of China Companies based in Nanjing