Sitoy : ANNUAL REPORT 2019

Sitoy Group Holdings Limited (the "Company" or "Sitoy Group") and its subsidiaries (together, the "Group") are one of the world's leading manufacturers of branded high- end and luxury handbags, small leather goods and travel goods and a brand distributor in Greater China. The Group is principally engaged in design, research, development, manufacturing, sales, retailing and wholesales of handbags, small leather goods, travel goods and footwear products, provision of advertising and marketing services, and property investment. Since 2011, the Group has entered the rapidly growing China handbag retailing market and become a vertically integrated handbag and small leather goods company. The Group currently owns four self- owned brands in total, namely Tuscan's, Fashion & Joy as well as a.testoni, which was acquired during the year, and its diffusion line i29. In addition, the Group owns the exclusive rights for distribution and operation in Hong Kong and mainland China of two major international brands, Cole Haan and Kenneth Cole, and the exclusive rights for distribution and operation in mainland China of Jockey.

時代集團控股有限公司（「本公司」或「時代集團」）及其附屬 公司（統稱「本集團」）為世界頂尖的高端品牌及奢侈手袋、 小皮具及旅行用品製造商之一，也是大中華區品牌分銷 商。本集團主要從事手袋、小皮具、旅行用品及鞋履產品 設計、研發、製造、銷售、零售及批發，提供廣告及營 銷服務，以及物業投資。由二零一一年起，本集團已進駐 增長迅速的中國手袋零售市場，成為垂直整合手袋及小 型皮革產品公司。集團目前擁有總共四個自家品牌，即 Tuscan's, Fashion & Joy，以及本年度收購的a.testoni；及 其副線品牌i29。除此之外，本集團擁有兩大國際品牌Cole Haan及Kenneth Cole於香港及中國內地的獨家分銷及經營 權，和Jockey在中國內地的獨家分銷及經營權。

SITOY GROUP HOLDINGS LIMITED

a.testoni Fall Winter 2019 Campaign

Young Amedeo Testoni opened his first workshop in 1929, after having learnt the secrets of the most important Bolognese craftsmen. In the 1950's, he improved on the traditional Bolognese production to fulfil his dream of creating the most beautiful shoes in the world.

Old methodologies and unique competencies formed the basis for this company, which still takes pride in selecting only the finest materials and achieving the highest quality - without compromise. The brand's philosophy aims for original technical and aesthetic solutions, and its history contains the prerequisites for continuous innovation and development, to affirm the future of artisan craftsmanship and ensure international recognition of modern Italian style in the world.