Radiance will continue to indirectly hold a 42%–45% stake in Beijing SKP and will retain control over the company, which will maintain its pre-transaction operational and management structure.
Focused on investing in innovative trends and high-value categories related to “beauty” in the domestic market, with the aim of identifying and supporting a new generation of leading companies that combine efficacy, scientific advancement, and the ability to define aesthetics with Chinese characteristics.
In the nine months ending September 2024, Golden Goose’s revenue increased by 12% year-over-year at constant exchange rates.
Ellassay stated that the equity transfer aims to further enhance the company’s cash flow, improve operational quality, and optimize its asset structure, thereby strengthening its long-term operational sustainability.
Before the merger announcement, Tapestry’s market value was more than double that of Capri. Currently, Tapestry’s market value is over five times larger.
Barrie was acquired by Chanel in 2012 and relaunched in 2014.
Fendi / LVMH Group On October 11, French luxury conglom […]
Younger, More International, and Stronger Brand Control.
Kering Group’s executive committee adds two more women.
The 11th issue of the “Global Fashion Brand Investment Weekly Report” for 2024 features four brand investment and acquisition news stories from the past week.