Sephora China has developed a strategic roadmap for sustainable development, aiming to build a green ecosystem in the high-end beauty industry. Over the next seven years, Sephora China will implement sustainable initiatives covering four major topics: climate change, circular economy, transparency, and societal well-being. These initiatives are designed to promote sustainability and contribute to a greener future in the beauty sector.

The 12th issue of Luxe.CO China Investment Weekly for the year 2023 includes five investment and financing news that occurred in China from May 6th to May 19th, 2023.

These funds will be used for the brand’s next phase of expansion.

How did Norda Run rise rapidly?

Previously, the Italian fashion brands Dondup and GCDS, which were invested in by the Made in Italy Fund in its first phase, have achieved success.

Werewool primarily utilizes protein DNA technology to develop sustainable fiber fabrics with natural colors and elasticity.

Marimekko’s goal is to open approximately 10 to 15 new stores and shop-in-shops in 2023, with the majority of planned openings in Asia.

Yuyuan Inc. acquired an 80% equity stake in the International Gemological Institute (IGI) Group, headquartered in Belgium, in September 2018.

During the third quarter of the fiscal year 2023, ending on April 1st, the Greater China region recorded a growth of approximately 20%, exceeding expectations.

Since the beginning of this year, the company’s stock price has experienced an impressive increase of nearly 76%. With the current market value standing at approximately $9.6 billion.