Facing a weaker Chinese market, Urban Revivo plans on expanding to the West.
Urban Revivo's physical stores could help it break through to the US market, where it sells online.
AdvertisementA Chinese fast-fashion company is planning a quick global expansion, just as industry heavyweights slow their growth to focus on online shopping.
Zara has been cutting its footprint post-pandemic, with plans to slash as many as 1,200 stores and double down on e-commerce.
But China's Urban Revivo, founded in 2006, is eyeing markets well outside of Asia.
Persons:
—, Zara, Leo Li
Organizations:
Urban, Service, Parent, Momentum, Nikkei Asia, Business
Locations:
Asia, London, New York