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Youngor Group operates as a diversified enterprise, primarily engaged in textile and apparel, manufacturing garments, notably gentlemen's suits and menswear. The company has strategically expanded into real estate development and financial investment, establishing itself as a multi-sector entity with interests beyond its foundational fashion business.
Founded in 1979 in Ningbo, Zhejiang, Youngor began as a textile and clothing manufacturer. Its growth was shaped by Li Rucheng, who in 1982 transformed a small, struggling factory into a significant enterprise. He launched the 'Youngor' brand in 1993, focusing on gentlemen's suits, driven by clear market demand for sophisticated formal wear.
Youngor Group serves consumers seeking quality apparel, particularly through its established menswear lines. The company's vision emphasizes sustainable growth across its varied business segments, applying principles of prudence and efficiency in investment. This reflects a commitment to long-term value creation within its diversified portfolio, aiming to maintain its market position and strategic expansion.
Youngor Group has 1 tracked investment across 1 company. The latest tracked deal is $29.1M Series B in Shopal in September 2018.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Sep 28, 2018 | Shopal | $29.1M Series B | Youngor Group | Cathay Capital, Dianliang Capital, Lianjie Capital, SOSV |