Having acquired Lambert Spawn Europa B.V., the company vertically integrates a major source of mushroom substrate — mixtures of raw agricultural products inoculated with specialized mushroom strains — within the operations of the world’s premier developer of mycelium materials and products.

After this transaction, Accor no longer owns any stake in H World Group Limited.

The two brands will retain their independence with their own exhibition concepts and locations.

Currently, Shein is negotiating this round of financing, which will greatly reduce the market value of this Chinese fast fashion group to US$64 billion, a drop of more than one-third from its peak.

“The Playboy China joint venture continues PLBY’s evolution from a traditional licensing model to a selectively owned and operated business model to maximize the value of the Playboy brand across our businesses.”

Bliss was founded in 1996 by the well-known female serial entrepreneur Marcia Kilgore. It started as a beauty spa service and has gone through several handovers and business transformations so far.

Glamsquad will use the funds to build out its team, shift its focus to experiential marketing.

The acquisition means that Gruppo Florence is expanding into embroidery.

Following completion of the Investment, Right Season holds 4,811,508 Common Shares and 4,811,508 Common Share purchase warrants representing approximately 20.73% of the issued and outstanding Common Shares.

Mielle Organics was founded in 2014 by the couple Monique Rodriguez and Melvin Rodriguez with an initial capital of US$10,000.