CDIB Capital commits $30m to China outdoor sports retailer
CDIB Capital has invested RMB200 million ($30 million) in Tutwo Outdoor, a multi-brand outdoor sporting goods retailer with more than 900 stores across China.
Established in 2006, Tutwo is the only nationwide outdoor retail chain in the country, according to a statement. Its 145,000 square meters of retail space - which includes 44 large format stores - is 10...
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