This funding will provide the brand with sufficient liquidity to sustain its recovery strategy.

China Duty-Free Group launches the fifth edition of the Offshore Duty-Free Shopping Festival in Sanya, with the event running from June to October.

In 2022, the luxury hotel industry ranked first in the list of transactions by category with 98 acquisitions, an increase of 16 compared to the previous year.

Bosideng achieved record-high revenue and net profit in its latest fiscal year.

Founded in 1951 in the coastal town of Varberg, Sweden, Tenson AB is an outdoor and lifestyle brand deeply rooted on the west coast of Sweden.

As a result of the Chapter 11 bankruptcy protection process, SSB successfully reduced its financed debt from approximately $1.9 billion to around $315 million.

On July 3, Luxe.CO Tong released a total of 84 news articles involving 89 brands, 13 commercial centers, and 15 cities

General Atlantic first partnered with ABG in October 2017, and with this transaction, their total investment in ABG has reached nearly $2 billion.

“China is our most important market. Over the past three years, we have recruited an incredibly talented team here and established a new leadership structure. We have also made the strategic decision to set our Asia Pacific headquarters in Shanghai, further dedicating more resources specifically for the Chinese market.”

On June 230, 2023, Luxe.CO Tong released a total of 55 news articles involving 59 brands, 8 commercial centers, and 11 cities.