EY Entrepreneur Of The Year China 2013
Consumer Products Category Winner
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EOY China 2013 Consumer Products Category Winner
Rainbow Group - President
Terry Sio set up Rainbow Group in 1979 by borrowing MOP$5,000 to launch the Rainbow Fashion Store for the retailing of domestic brands, while acquiring the distribution rights for other brands. The company has since grown to become Macau’s largest distributor of luxury brands with nearly 200 fashion stores in over 20 cities across Macau and mainland China.
She has established a one-stop fashion kingdom. Against all odds and thanks to her tenacity, Terry Sio managed to gain the distribution rights for first-tier international brands in the then unknown Macau market.
In the 90’s, she had the foresight to explore markets in second-tier and third-tier cities in mainland China, and Rainbow Group has become one of the largest and most developed brand agencies in those cities.
Rainbow Group has diversified its businesses in recent years, and has developed a number of multi-brand stores, allowing customers to shop for clothes from various brands in a single shop. In addition, the company has branched into shopping center’s management, and designed an operating model for shopping center integrating high-end fashion, global cuisine and boutique supermarkets.
Terry Sio has won numerous awards at home and abroad. She was awarded with the Medal of Industry and Commercial Merit from the Macau SAR Government in 2006, was named among the “25 Influential Chinese In Global Fashion” by Forbes in 2011, and was awarded with the Medal of Commercial and Industrial Merit by The Federal Republic of Germany in 2012. She serves as a member of the Shanghai Committee of Chinese People’s Political Consultative Conference and chairperson of the Macau International Brand Enterprise Commercial Association, among over 20 social statuses.