C.banner is a Chinese fashion conglomerate based in

Nanjing Nanjing or Nanking is the capital of Jiangsu, a province in East China. The city, which is located in the southwestern corner of the province, has 11 districts, an administrative area of , and a population of 9,423,400. Situated in the Yang ...

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

China China, officially the People's Republic of China (PRC), is a country in East Asia. With population of China, a population exceeding 1.4 billion, it is the list of countries by population (United Nations), second-most populous country after ...

House of Fraser

Britain's

House of Fraser House of Fraser (rebranding to Frasers) is a British department store chain with 23 locations across the United Kingdom and 2 in Ireland, part of Frasers Group. It was established in Glasgow, Scotland, in 1849 as Arthur and Fraser. By 1891, it ...

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 As of August 2018, C.banner have withdrawn from buying House of Fraser, causing the stores to go further into administration.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