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International » Far East

Scarborough Holdings Ltd has been headquartered in Hong Kong along with an office in Shenzhen, China since 2002. During this time our businesses have flourished and while still concentrating primarily on real estate, we have diversified into the consumer sector in order to take advantage of China’s buoyant markets and opportunities. We are highly regarded in the People’s Republic of China, Hong Kong and now Myanmar, having been one of the first privately owned UK companies in the 21st century to be actively involved in the real estate and consumer markets.

Retail

The Group has strong global retail interests through ScarVic Retail Management Limited, our joint venture with AVIC International Shenzhen of China. ScarVic was established in mid-2011 as a “one stop shop” for UK and European brand retailers looking to expand into China. In turn this led to the formation of ScarFiel Retail Management Services, a venture between ScarVic and Cortefiel of Madrid, Spain to bring their two key brands namely “Springfield” and “Pedro del Hierro” to the People’s Republic of China.

Rainbow

The Group maintains an indirect interest in the Rainbow Department Stores, an organisation listed ojn the Schnzen Stock Exchange. Rainbow has over 60 outlets operating in major cities throughout China.

Coffee Shops

Scarborough Group have recently set up a partnership, named ScarNov Coffee Group, with the Novell family of Barcelona to “bring coffee to China”. The Novell’s established their business in 1958 and bring with them as our partners a wealth of knowledge and experience in the coffee industry. We have recognised a vast growth potential in coffee consumption in China due to the current levels in the People’s Republic of China amounting to only five cups per capital, currently a very low level.

The strategy of the joint venture is to see a number of coffee retail outlets open in Hong Kong and China. The first outlet opened in the Tsim Sha Tsui area of Kowloon at the beginning of July 2014, with a second opening in central November 2014.


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info@scarboroughgroup.com

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