- Business
- Cabbeen Fashion Limited (2030.HK), incorporated in 2011 and headquartered in Guangzhou, China, principally engages in the design, manufacture, wholesale, consignment, and retail of branded casual apparel, footwear, and accessories targeting men, women, and children primarily in the People's Republic of China; its core brands include Cabbeen, Cabbeen Lifestyle, Cabbeen Urban, Cabbeen Love, Cabbeen Chic, and 2AM, distributed through approximately 636 physical retail stores, franchise operations, wholesale and consignment networks, as well as online channels encompassing traditional e-commerce platforms such as Tmall, JD.com, Vipshop, Douyin, and WeChat mini-programs alongside livestreaming sales; the company also provides original equipment manufacturer services, operates in personal protective equipment, and maintains ancillary activities in real estate development, property holding, and trademark licensing. In recent developments, Cabbeen Fashion reported 2024 full-year revenue of HKD 1.04 billion with net profit of HKD 32.48 million, alongside a proposed final dividend of HKD 0.0086 per share approved at its April 2025 annual general meeting; for the first half of 2025, it announced interim revenue of HKD 422 million, a 16.47% year-on-year decline, but net profit rose 8.23% to HKD 18.391 million with an interim dividend of HKD 0.0108 per share, reflecting ongoing supply chain enhancements, selective physical store expansion in second- and third-tier cities, and increased emphasis on livestreaming e-commerce collaborations with key opinion leaders. The company maintains design workshops in Guangzhou, Milan, and Paris to align products with global trends, operates principally through its Apparel and Accessories segment alongside Personal Protective Equipment, and employs around 108 staff while focusing on operational efficiency amid competitive mid-market dynamics.