Thanks to rigorous cost control measures, Rent the Runway achieved a turnaround in EBITDA during the first quarter, with a profit of $4.5 million. The net loss also further narrowed to $30.1 million.

Through this partnership, LVMH Group aims to help as many people as possible understand the challenges of biodiversity.

For McLaren, China stands as one of its most crucial strategic markets. In terms of sales, China already ranks as McLaren’s second-largest market globally, with McLaren’s GT sports cars leading as the top-selling model worldwide.

According to the terms of the transaction, both Prada and Zegna will individually hold a 15% stake in Fedeli.

On June 7, 2023, Luxe.CO Tong released a total of 58 news posts with images, covering 61 brands, 11 commercial establishments, and 14 cities.

On June 3rd, Snow Peak opened its first Snow Peak Cafe in China, as well as its sixth store, in Ziyang Mountain Villa, Mentougou, Beijing.

This funding will be disbursed over a period of 24 months and will be utilized to enhance TFI’s fundraising and sponsorship capabilities, enabling them to continue providing a wide range of resources to local fashion startups.

Swedish designer Johan Lindeberg founded BLK DNM in 2011 with the intention of conveying a rebellious rock spirit through clothing design.

The first domestic synthetic biology fund has arrived!

The 14th issue of Luxe.CO China Investment Weekly in 2023 includes three investment and financing news that occurred in China from May 27, 2023, to June 2, 2023.