Chengfeng Group currently operates five major garment production bases in Jintan, Kunshan, Suqian, Sihong, and Siyang; two linen and cotton textile production bases in Changshu and Suqian; and two accessory production factories in Xuwen and Shetou.
Hermès now has 34 boutiques in the Chinese Mainland.
In the first half of this year, buyers showed interest in high-end brands and value-centered brands.
Li-Ning Company and Mr. Li Ning will jointly hold 55% of the shares, while HongShan will hold 45%.
Chinese sports giant Anta Group (02020.HK) released its latest operational performance for the third quarter of 2024.
Following this acquisition, SYoung Group’s portfolio of luxury beauty brands has expanded to three.
China remains a key strategic market for the Italian furniture industry, ranking as the eighth-largest export destination in Italy’s wooden furniture supply chain.
Bosideng will become a key investor in Moose Knuckles, while Cathay Capital remains the controlling shareholder of Moose Knuckles.
Angela Dong will also serve as the Global CEO of Nike’s outdoor sub-brand ACG.
In 2022, Chantecaille was acquired by Germany’s Beiersdorf Group, becoming part of the company’s luxury division alongside the Swiss brand La Prairie.
