Completed the sale of its trademark of lifestyle brand “PONY” outside the Asia Pacific to Iconix International Inc., and the sale of the trademark of PONY in the Asia Pacific (excluding China and Taiwan region) to the Joint Venture Company formed with Iconix

Joint venture company with ITOCHU to operate SKINS brand

Acquired the SKINS brand

Xiamen Park Outlets Opened

Development of Xiamen Park Outlets Commercial projects

Joint venture company with DESCENTE to operate arena brand

Anyang Park Outlets opened

Expanding the operating experience of Park Outlets to community malls

Sale of PONY U.S. regional trademark to ICONIX Corporation

Acquisition of Golden Palais Duty Free Shop

Signed an outlet management agreement with Tianjin state-owned enterprise Binhai Tuanbo New City (Tianjin) Holdings Co., Ltd.

Introduced the Mitsubishi Institute of Japan to jointly develop outlets and established the Park Outlets brand

Signed PONY trademark license agreement with Kumkang Shoes Co., Ltd.

Became the exclusive distributor and trademark licensee of the Japanese brand LagunaMoon & DELYLE in China

Became a distributor of Japanese brand EDWIN China and a trademark licensee of Hong Kong and Macau

Established JFT, a brand joint venture with Toyota Tsusho, Japan

Became the exclusive distributor and trademark licenser of berghaus China and became the franchisee of MANGO

Signed Speedo's exclusive distributor and trademark licensee in China with Pentland Brands Plc.

Signed a PONY Trademark License Agreement with Japan ITOCHU Corporation

Acquisition of PONY brand

Acquisition of haggar brand

Become Reebok's exclusive trademark licensee and distributor in China