Tuesday, September 30, 2014

Temasek units invest in shoe retailer Star 360

Sports and fashion footwear retailer Star 360 Holdings said on Tuesday that it has received investments from two units of Singapore state investor Temasek Holdings (Private).

 Heliconia Capital Management and Pavilion Capital will jointly inject capital into Star 360, to help it expand its retail and distributor networks.

Singapore-based Star 360 distributes and sells footwear and accessories from brands including Nike, Birkenstock and Polo Ralph Lauren in 17 countries across Asia, Europe and the United States. The company did not disclose the size of the investments.

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