Dickson Concepts

Dickson Concepts (International) Ltd.
Public company - SEHK: 0113
Founded Hong Kong
Headquarters Hong Kong,
Key people
Dickson Poon, Executive Chairman
Products Retail, distribution
Revenue HKD 3,750 million (2008)[1]
HKD 225 million (2008)[1]
Number of employees
3,116 (2008)[2]
Parent n/a
Subsidiaries Seibu, Harvey Nichols HK, Dickson Warehousing, Bertolucci SA, Tommy Hilfiger[3]
Website www.dickson.com.hk

Dickson Concepts (International) Ltd. (Chinese: 迪生創建(國際)有限公司) is a Bermuda incorporated, Hong Kong based listed company (on the Hong Kong Stock Exchange). It has held the distributorship of Polo and Ralph Lauren products in Asia for in excess of twenty years. The company is chaired and controlled by Dickson Poon, who is also the company's Executive Chairman.

History

The company Dickson Concepts was founded by Dickson Poon.

In 1987, ST Dupont was sold to Dickson Concepts.

In 1991, Harvey Nichols was acquired by the company from the Burton Group.

In January 2005, the company announced the acquisition of Bertolucci SA, manufacturer and distributor of luxury Swiss watches[4]

In mid-February 2009, the company announced the end of its 20-plus year distributorship for Polo Ralph Lauren products in Asia would end on 31 December 2009. The license is estimated by analysts to contribute 10 percent of its revenues.[5]

Ownership

Through trusts, Dickson Poon controls 40.13% of the voting capital of DCIL as at 31 March 2008.[6]

References

  1. 1 2 P&L account, p44, DCIL Annual Report 2008
  2. Directors' Report, p17, DCIL Annual Report 2008
  3. Notes to the accounts, p92, DCIL Annual Report 2008
  4. Press release, DCIL, 19 January 2005
  5. Benjamin Scent, Dickson may lose its shirt as top brands go it alone, The Standard, 17 February 2009
  6. Directors' Report, p22, DCIL Annual Report 2008

External links

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