The two companies share a very similar business model: shared salon suites/lofts for beauty professionals, similar to WeWork’s shared office space.

The transaction is expected to close in Q1 2023.

Each year Pambianco ranks the Italian companies that meet the “necessary conditions” and have the potential to go public.

From January to November, the total retail sales of consumer goods were 399.190 billion yuan, down 0.1% year-on-year.

As the first store in South China, Galeries Lafayette Shenzhen is also the brand’s third brick-and-mortar store in China after Beijing and Shanghai.

LuxeCO and Weibo jointly focus on luxury brands’ digital marketing in China and release the exclusive “2022 China Luxury Marketing Report”.

Product is the breakthrough of the brand; it also maintains the brand’s vitality.

With the adjustment of China’s pandemic prevention and control policies, Hainan is seizing the opportunity of the peak season to promote.

Group turnover during the financial year increased by 22% to ￡197.35 million.

The acquisition made David Jones “back in Australian ownership”.