The company and the Woolrich Group have completed the transfer of the related intellectual property rights.

After the acquisition, Suzhou Boke will become Henkel’s dedicated production facility, initially focusing on hair care product manufacturing, laying the groundwork for future expansion.

Ellassay stated that the equity transfer aims to further enhance the company’s cash flow, improve operational quality, and optimize its asset structure, thereby strengthening its long-term operational sustainability.

Intime Department Store has developed or plans to develop over 60 projects.

Before the merger announcement, Tapestry’s market value was more than double that of Capri. Currently, Tapestry’s market value is over five times larger.

Barrie was acquired by Chanel in 2012 and relaunched in 2014.

Following the acquisition of the century-old Spanish leather company Colomer 1792 in 2009, the acquisition of Ausonia represents another milestone in the company’s globalization strategy.

In the first half of this year, buyers showed interest in high-end brands and value-centered brands.

Following this acquisition, SYoung Group’s portfolio of luxury beauty brands has expanded to three.

Over the past four years, STENDERS has maintained an annual growth rate of approximately 20% in both global revenue and sales in the Chinese market.