1991:

The first store was opened in North Point, Hong Kong

1993:

The first “HK$10 store” was opened in Hong Kong

2000:

Acquisition of the business of a major competitor at that time, Nippon Warehouse Limited

2001:

A major strategic change of business model from a “HK$10 store” model to a “housewares products specialist store” model

2002:
  • Exploration of overseas market through export sales and operating arrangements with local entities
  • Establishment of new stores in Hong Kong under the new brand “City Life” (生活提案) (formerly known as “City Lifestyle”)
  • Launch of our own private label products
2004:

Awarded “Quality Tourism Services” certificate, “Superbrands” certificate and “Caring Company” logo by various recognised organisations

2005:

Our private label products had been exported to more than nine overseas jurisdictions through our export sales and overseas operating arrangements with local entities in certain overseas jurisdictions

2006:

Participation in the “Hong Kong Q-Mark Services Scheme” and was certified with the high service award

2007:
  • Acquisition of the business of our competitor at that time, Quality Housewares, which operated around 19 stores
  • Establishment of new stores in Hong Kong under the then new brand “Epo Gifts & Stationery”
  • Awarded “Hong Kong Top Service Brand” and “The Best Brand Enterprise Award 2007 (Greater China)”
 
2009:
  • Total number of stores including “Japan Home Centre” (日本城), “City Life” (生活提案) and “Epo Gifts & Stationery” (文具世代) exceeded 200 in Hong Kong, including the first “Japan Home Centre” (日本城) superstore, which occupies an area of over 6,000 square feet in Sau Mau Ping, Kwun Tong
  • Awarded “The 5 Consecutive Years Caring Company” logo
 
2010:

EQT Greater China II acquired a 40% stake in our Group and became our strategic partner

 
2011:
  • Sales exceeded HK$1 billion
  • Acquisition of a leading housewares retail chain business in Singapore and formation of our joint venture arrangement in Singapore
  • Expansion of our retail network to West Malaysia through formation of our joint venture arrangement in West Malaysia
 
2012:

Expansion of our retail network to the PRC through acquisition of assets and formation of our joint venture company in Hong Kong, Familj, which wholly owns our operating subsidiary in the PRC

 
2013:
  • Acquisition of 100% interest in JHC (Macau)
  • As at 30 April 2013, IHR had a business presence in nine jurisdictions with 292 stores in total