Zurich-based holding company DKSH has announced the sale of its 25% stake in Bovet Fleurier SA, a Swiss watchmaking brand, to Mr. Pascal Raffy and his family.

The 1st issue of 2023 “Luxe.co China Investment Weekly” included 3 domestic investment and financing news from December 24, 2022 to January 6, 2023.

Investor interest has been heating up in the beauty services sector, and facials appear to be ripe for investment.

Paglieri Group will embark on a new journey in 2023 with an expected turnover of 200 million euros.

After the acquisition, Victoria’s Secret will leverage Adore Me’s expertise and technology to continue to improve the Victoria’s Secret and PINK customer shopping experience and accelerate the modernization of VS&Co’s digital platform.

At present, CHELSEY HOUSE has successfully invested in and exclusively operated a number of international fashion brands to create a strong brand portfolio strategy, including Canadian high-end outerwear Mackage, Sydney designer brand Zimmermann, New York fashion brand R13, etc.

Could Social Bella be Indonesia’s next unicorn?

Previously, Ron Perelman’s MacAndrews & Forbes held about 85% of Revlon’s shares, and his daughter, Debra Perelman, served as president and chief executive officer of Revlon.

The two companies share a very similar business model: shared salon suites/lofts for beauty professionals, similar to WeWork’s shared office space.

The transaction is expected to close in Q1 2023.