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.

Rembrand connects brands and content creators of various scales to seamlessly insert hyperrealistic products into post-production videos.

Currently, through acquisitions, Gruppo Florence has a portfolio of 26 affiliated companies and supplies over 70 luxury brands worldwide. In 2022, the group’s sales exceeded 600 million euros.

Sharapova will provide strategic advice in design direction and product innovation, join the board of directors, and collaborate with the company to develop a women’s clothing line.

The 15th issue of the Luxe.CO China Investment Weekly for 2023 includes three investment and financing news that took place in China from June 3, 2023, to June 9, 2023.

According to official documents submitted by both parties to the French government, the value of this transaction is 16.32 million euros.

In 2023, The Independents group aims to generate $450 million in revenue from its 380 clients.

Currently, HBA’s products are distributed in over 60 countries, with exports accounting for over 95% of its sales. The majority of its products are manufactured in Southeast Asia, the Middle East, and Europe.

Wonnda offers a fully digitalized product sourcing solution, enabling brand owners and B2B buyers to efficiently discover new products, submit bids, and manage supplier relationships.