Welcome to our dedicated page for Neo-Concept International Group Holdings news (Ticker: NCI), a resource for investors and traders seeking the latest updates and insights on Neo-Concept International Group Holdings stock.
Neo-Concept International Group Holdings Limited (NASDAQ: NCI) is an apparel manufacturing company and one-stop apparel solution services provider whose news flow reflects both its supply chain role and its branded retail activities. Company press releases highlight services that span market trend analysis, product design and development, raw material sourcing, production and quality control, and logistics management for customers in European and North American markets, alongside the growth of its Les100Ciels brand in the UK, the UAE, and online.
On this page, readers can follow NCI news related to its financial performance, including unaudited interim results that discuss revenue from private-labelled apparel products and retail sales of owned-branded apparel products. Announcements often explain how shifts in demand, new retail outlets, and agency fee income from related-party arrangements affect the company’s financial results.
NCI’s news also covers capital markets and listing developments, such as notifications from Nasdaq regarding minimum bid price requirements, the granting of grace periods, and subsequent confirmation that the company has regained compliance with Nasdaq Listing Rule 5550(a)(2). Updates on share consolidation decisions and their reflection on the Nasdaq Capital Market are another recurring topic.
Investors and industry observers can also find strategic and operational updates, including joint venture agreements with Liwa Trading Enterprises LLC to expand apparel distribution across the MENA region, the launch of a Les100Ciels store in Abu Dhabi, and collaborations like the REISS x Les100Ciels collection. These releases provide insight into how NCI develops its Les100Ciels brand, extends its retail footprint, and positions its apparel solutions and branded products in different regions. Bookmark this page to review the company’s official announcements and historical news record.
Neo-Concept International Group Holdings (Nasdaq:NCI) closed a Follow-On Offering on February 11, 2026, selling 14,850,000 Class A ordinary shares at $0.5454 per share for gross proceeds of approximately $8,000,000. The company intends to use net proceeds to expand its business and for general working capital. D. Boral Capital acted as Lead Placement Agent; the SEC declared the Form F-1 effective on February 9, 2025.
Neo-Concept International Group Holdings (Nasdaq: NCI) closed a public offering on February 11, 2026, selling 14,850,000 Class A ordinary shares at $0.5454 per share for gross proceeds of approximately $8.1 million. The company intends to use net proceeds to expand the business and for general working capital.
Placement agents: D. Boral Capital LLC (lead) and uSmart Securities Limited (joint). U.S. legal counsel: Loeb & Loeb LLP; placement agents counsel: Mclaughlin & Stern LLP. The offering was made under a Form F-1 registration declared effective February 9, 2025.
Neo-Concept International Group Holdings (Nasdaq: NCI) priced a public offering of 14,850,000 Class A ordinary shares at $0.5454 per share on February 9, 2026, for gross proceeds of approximately $8.1 million. The company said net proceeds will be used for business expansion and general working capital.
D. Boral Capital LLC and uSmart Securities Limited are placement agents. The securities are offered under an effective Form F-1 registration statement declared effective by the SEC.
Neo-Concept International Group Holdings (NASDAQ: NCI) reported unaudited results for the six months ended June 30, 2025. Revenue was approximately HK$60.2 million (US$7.7 million), a decrease of ~24.0% year‑over‑year. Net income rose to HK$2.0 million (US$0.3 million) from HK$1.4 million, and basic and diluted EPS were HK$0.50 (US$0.06) vs HK$0.37 a year earlier.
Private‑label apparel sales fell ~51.7% to HK$32.7 million due to China‑USA customs policy effects, while owned‑brand retail sales increased ~138.8% to HK$27.5 million after new stores opened. SG&A rose ~48.33% to HK$23.5 million; income tax expense was HK$0.9 million.
Neo-Concept International (Nasdaq: NCI) has successfully regained compliance with Nasdaq's minimum bid price requirement ahead of schedule. The company had received a deficiency notice on July 8, 2024, for failing to maintain the required $1.00 per share minimum bid price over 30 consecutive business days.
After being granted an extension until July 7, 2025, NCI achieved compliance on July 1, 2025, effectively resolving the listing concern. The company has expressed its commitment to maintaining strong corporate governance and regulatory compliance standards.
Neo-Concept International (NCI) has announced the soft opening of its first Les100Ciels store in the Middle East and North Africa (MENA) region at The Galleria Al Maryah Island in Abu Dhabi on March 27, 2025. This expansion follows the company's joint venture with Liwa Trading Enterprises to enhance its retail presence in MENA markets.
The launch includes both the physical store and a new Middle East e-shop, marking a strategic move to provide an integrated online and in-store shopping experience for MENA customers. This represents the brand's first store opening outside of London, signifying a significant step in Les100Ciels' international expansion strategy.
Neo-Concept International Group Holdings (Nasdaq: NCI) has received a second grace period from Nasdaq to meet the minimum bid price requirement. The company was granted an additional 180 calendar days, until July 7, 2025, to regain compliance with the $1 per share minimum bid price requirement under Nasdaq Listing Rule 5550(a)(2).
If NCI fails to meet compliance by the deadline, Nasdaq Staff will notify the company of delisting, though NCI would have the option to appeal this decision to a Hearings Panel. The company is currently evaluating various strategies to achieve compliance but acknowledges there is no guarantee of success.
Neo-Concept International Group Holdings (NCI) reported its H1 2024 unaudited financial results, showing revenue of HK$79.3 million (US$10.2 million), a 1.7% increase from H1 2023. The company achieved a net income of HK$1.4 million (US$0.2 million), compared to a net loss of HK$5.2 million in the same period last year.
Retail sales of owned-branded apparel in the UK surged by 95.3% to HK$11.5 million, driven by new London retail outlets. However, private-labeled apparel sales decreased by 5.9% to HK$67.8 million. Operating expenses increased 12.7% to HK$15.9 million due to higher staff costs and expansion-related expenses. Basic and diluted EPS improved to HK$0.07 from a loss of HK$0.29 in H1 2023.
Neo-Concept International Group Holdings (Nasdaq: NCI) has launched its collaborative collection 'REISS x Les100Ciels' through REISS's eShop and select retail locations. The collection, developed through NCI's subsidiary Neo-Concept UK in partnership with REISS , features co-branded ready-to-wear apparel for both men and women. The collaboration combines both brands' expertise in luxury and style, with NCI contributing its product design capabilities and REISS providing its retail network. The collection is now available for purchase on www.reiss.com.