# TopScore

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/topscore

- Industry: Retail
- Headquarters: Guangzhou, China
- Website: www.topscore.com.cn
- Total disclosed funding: $15M
- Latest round: Series A (Mar 25, 2011)
- Investors on record: 1

## About

Based in Guangzhou, China and founded in 2004, Top Score Fashion Co., Ltd., doing business as TopScore, is a company that focuses on providing consumers with footwear and clothing products and services. 

In May 2012, TopScore was converted into a joint stock company. In February 2016, the company was listed on Shanghai Stock Exchange under the ticker "603608". In March 2020, it raised CNY 186 million from new investor North Summit Capital in a PIPE transaction. In December 2025, CW Bearing, through one of its wholly owned subsidiaries, agreed to acquire a 19.95 % minority stake in TopScore from the latter's two existing shareholders for approximately CNY 628 million.

TopScore mainly provides footwear and apparel products and services, targeting both male and female consumers. The company has independently created multiple fashion brands such as KISSCAT, ZSAZSAZSU, Tgrisso, KissKitty and MUSTHAVE, and also operates as agent for the Spanish female footwear brand Patricia and the Italian handbag brand Obag.

The company generates revenue from sales of fashion products, adopting multi-brand, vertically integrated business model in which the company operates different brands. The company employs a multi-channel marketing approach, selling its products in both physical channels, including offline self-operated stores, and e-commerce platforms.

## Funding rounds

- Series A, Mar 25, 2011, $15M — IDG Capital

## Investors

- IDG Capital (https://capitalatlas.ai/funds/idg-capital) — Series A