The trend of “near-shoring” is becoming increasingly popular, making Mexico a hot spot for investment by many major players.
Chinese Medicine Tops the Charts: Hong Kong’s Retail Sales Soar in January 2023 with Jewelry and Luxury Gifts Following Closely Behind
According to analysts at JPMorgan, this deal signifies Arezzo’s shift towards positioning itself as a potential global shoe powerhouse.
Along with their funding announcement, Rubi also established initial strategic partnerships with brands such as Reformation, GANNI, Nuuly, H&M, and Patagonia to pilot their innovative solutions.
With its prime location, this hotel has become an iconic landmark of Paris and one of the most sought-after real estate assets in the area.
Topspin made headlines in 2021 with its acquisition of Mission, the sportswear and accessory company co-founded by tennis star Serena Williams, younger sister of Venus Williams.
In 2022, Lao Feng Xiang achieved a whopping revenue of 63.01 billion yuan, marking a remarkable 7.36% increase year-on-year.
Circular fashion startup Circ raised almost $9 million in a Series A funding round in 2020, followed by a $30 million Series B round in July 2021, as the company continues to use patented technology to recycle fashion waste and reduce the demand for virgin clothing materials.
Huali Industrial Group sold a total of 221 million pairs of sneakers, an increase of 4.65% year-on-year; operating revenue was RMB 20.57 billion.
The repurchased shares will be canceled.
