L’Ambroisie, which holds three Michelin stars, has an annual turnover of approximately 11 million euros.

For Angel Ramos, this acquisition represents an opportunity to elevate his brand to a whole new level and reach a broader audience of fashionable men.

The product Virtue Flourish®, launched by the brand in 2021, has been clinically validated to safely and effectively address female hair loss issues.

Rennaï, with its brand concept of new retail beauty and health management, aims to redefine the future of self-care. It is dedicated to helping customers find the power of self-love throughout their journey of self-care and self-discovery. Rennaï strives to become the preferred one-stop destination for customers, offering a comprehensive range of care services.

The 13th issue of the Luxe.CO China Investment Weekly for 2023 includes four investment and financing news articles that occurred in China from May 20, 2023, to May 26, 2023.

Gruppo Florence has built a large production conglomerate through acquisitions, currently comprising 26 companies. In 2022, the group achieved a total revenue exceeding €600 million.

In this transaction, Chanel will acquire a total of 24.5% ownership in Cariaggi Lanifico, with 18.5% coming from Brunello Cucinelli and the remaining 6% from the Cariaggi family.

The brand will open its first pop-up store in China at the end of June in Shanghai, followed by the official opening of a boutique on Nanjing West Road.

Geely Holdings to Become Third-Largest Shareholder of Legendary Luxury Performance Brand.

The 12th issue of Luxe.CO China Investment Weekly for the year 2023 includes five investment and financing news that occurred in China from May 6th to May 19th, 2023.