Belle acquires Ossia
Chinese women’s footwear retailer Belle International Holdings Limited has acquired two of Ossia International’s subsidiaries – Ossia International (HK) Limited and Ossia Marketing (HK) Co., Ltd. – for HK$600 million ($77.4 million).
The two subsidiaries collectively operate more than 150 footwear stores in Hong Kong, Macao and China and sells shoes under the Millie's brand.
Ossia International was established in 1982 and sells footwear and branded lifestyle goods. It operates in Singapore, Malaysia, Australia, Taiwan, Hong Kong and China with a network comprising more than 2,500 outlets.