This funding will provide the brand with sufficient liquidity to sustain its recovery strategy.

Founded in 1951 in the coastal town of Varberg, Sweden, Tenson AB is an outdoor and lifestyle brand deeply rooted on the west coast of Sweden.

General Atlantic first partnered with ABG in October 2017, and with this transaction, their total investment in ABG has reached nearly $2 billion.

Sabé Masson, a niche perfume brand, positions itself as a new generation of fragrance products and specializes in the concept of “Soft Perfumes.” The brand currently operates a boutique store in Haut-Marais, Paris.

SOS sets up vending machines in high-traffic areas to provide consumers with timely access to personal care and health products.

As of the fiscal year ending on March 31, 2023, Creed’s revenue exceeded €250 million.

This investment also marks BVG’s first foray into the fashion industry since the launch of its fashion and apparel vertical business last year in collaboration with industry veteran Gary Wassner.

Saifu achieved sales of approximately 71 million euros in 2022.

Advent will acquire a majority stake in SBGC company from Julien Sprecher, while Sprecher will retain his current position and a minority stake in the company.

The 16th issue of the Luxe.CO China Investment Weekly in 2023 includes three investment and financing news that occurred domestically from June 10, 2023, to June 16, 2023.