Back in 2008, L’Oreal Group acquired YSL Beauty (Yves Saint Laurent Beauté) for 1.7 billion euros.

Expanding its retail network in new cities with caution and opening one new boutique store per year in a new city to increase its brand influence in China are two top priorities for Hermès in the Chinese market.

Compared to last season, this season’s MODE exhibition saw a whopping 59.04% increase in attendance and a significant rise of 49.8% in the number of buyers.

Suzhou Yanlord Cangjie, set to open in the third quarter of 2023, has partnered with four major brands under the OTB Group – Maison Margiela, JIL SANDER, MARNI, and DIESEL – to establish pop-up experiential stores.

The acquisition will encompass three multi-brand concept stores and one single-brand boutique under the Parisi Taormina umbrella.

According to IDB, the upcoming IPO is expected to be a major catalyst for the company, enabling it to attract top talent and senior management.

SafeSize, founded in 2013, is a company dedicated to helping people find the perfect pair of shoes.

Gen Phoenix breathes new life into leather waste by transforming it into sustainable alternatives, paving the way for the next generation of eco-friendly materials and reaffirming our commitment to manufacturing environmentally responsible products.

The acquisition agreement is contingent on a debt relief package of $690 million.

Under pressure, China Duty Free chooses to deepen its roots in the Hainan market.