On 13 January 2020, Forward Fashion (International) Holdings Company Limited (“Forward Fashion”) (2528) was successfully listed on the Main Board of the Hong Kong Stock Exchange.

Forward Fashion principally engages in the retail of fashion apparel of international brands ranging from BLACKBARRETT, CK CALVIN KLEIN, Calvin Klein Jeans, Calvin Klein Performance, Calvin Klein Underwear, EA7, Ed Hardy, Hogan, Moschino, Neil Barrett, Philipp Plein, Tommy Hilfiger and Under Armour. It has over 200 self-operated retail stores in Greater China. The listing gave Forward Fashion an initial market capitalisation of HK$ 800 million.

China Industrial Securities International Capital Limited ("CISI") was the sponsor. Both CISI and SPDB International Capital Limited were the joint global coordinators, joint bookrunners and joint lead managers.

The Addleshaw Goddard team for this Hong Kong listing includes ECM team's Daniel Wan, Agnes Wong, Mara Hui, Phoenix Zhang, Joanne Yan, Zooy Chen, Michael Shu, Janice Yong, Tim Chan and Ariel Lee, as well as Litigation team's Ronald Shum, Beryl Wu and Kenny Lai. The Addleshaw Goddard team has been involved in many Hong Kong IPOs covering companies in a wide range of sectors.