Lifestyle International Holdings Limited (together with its subsidiaries, the “Group”) is a Hong Kong-based premier retail operator that specializes in the operation of mid to upper-end department stores in Hong Kong. The Group’s two SOGO stores in Hong Kong including the flagship store in Causeway Bay (“SOGO CWB”), the largest and leading department store in Hong Kong, as well as the Tsim Sha Tsui store (“SOGO TST”). SOGO TST quickly established itself as a new shopping landmark after it was relocated to a prime and convenient address in Tsim Sha Tsui in November 2014. Characterized by the ‘one-stop shopping’ concept with unparalleled brand equity, the Group’s department stores offer a wide variety of goods ranging from daily necessities to luxury products as well as personal care services, such as beauty salons, in comfortable shopping environment.
Following the spin-off and separate listing of Lifestyle China Group Limited on the Main Board of the Hong Kong Stock Exchange in July 2016, the Group continues striving to identify and capitalize on lucrative business opportunities that can create synergies with its existing core retailing activities. The Group also has a new project in the pipeline to further fuel its growth momentum in the future. The Group announced its strategic acquisition of a commercial land in the Kai Tak Development area, East Kowloon in November 2016. The site will host a new SOGO Department store along with other commercial, entertainment and dining facilities. The new project, which is expected to be completed before 2022, will further strengthen the Group’s presence and influence in the retailing market of Hong Kong. With the Group’s strong operating cash flows as well as its unparalleled brand equity, the Group is always prepared to take on new investment opportunities to drive sustainable growth and long-term prosperity.