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.
These funds will be used for the brand’s next phase of expansion.
How did Norda Run rise rapidly?
Previously, the Italian fashion brands Dondup and GCDS, which were invested in by the Made in Italy Fund in its first phase, have achieved success.
Werewool primarily utilizes protein DNA technology to develop sustainable fiber fabrics with natural colors and elasticity.
Yuyuan Inc. acquired an 80% equity stake in the International Gemological Institute (IGI) Group, headquartered in Belgium, in September 2018.
In 2021, Natura launched the venture capital fund Fable Investments, with Perfumer H being its first investment target.
