Crocodile to move to Shanghai

Crocodile International (CI) announced it will relocate its corporate headquarters to Shanghai after winning a copyright case against France-based competitor Lacoste in March. Officials at the Singapore-based clothing manufacturer said the firm will invest more than RMB 100 million (US$12m) to construct a Crocodile facility in Shanghai. Officials added that CI also plans to invest more to expand its factories in Suzhou, Jiangsu province and Shenyang, Liaoning province. CI said it has 1,000 outlets on the mainland.