The group said, the goal is to reach nearly 50 million euros by 2025 and at least more than 2600-27 million euros by 2023.
With its prime location, this hotel has become an iconic landmark of Paris and one of the most sought-after real estate assets in the area.
Topspin made headlines in 2021 with its acquisition of Mission, the sportswear and accessory company co-founded by tennis star Serena Williams, younger sister of Venus Williams.
In 2022, Lao Feng Xiang achieved a whopping revenue of 63.01 billion yuan, marking a remarkable 7.36% increase year-on-year.
Circular fashion startup Circ raised almost $9 million in a Series A funding round in 2020, followed by a $30 million Series B round in July 2021, as the company continues to use patented technology to recycle fashion waste and reduce the demand for virgin clothing materials.
Huali Industrial Group sold a total of 221 million pairs of sneakers, an increase of 4.65% year-on-year; operating revenue was RMB 20.57 billion.
On the following analyst’s call, , Chief Executive Officer and General Manager Marco Gobbetti said sales in mainland China at the start of the year were also encouraging.
Sales hit a record at €332m in Q4, up +4% on an organic basis vs. 2021, despite a high comparison basis.
The repurchased shares will be canceled.
In the 6th issue of 2023, Luxe.CO China Investment Weekly covered 4 domestic investment and financing news from February 25, 2023, to March 3, 2023.
