“The Playboy China joint venture continues PLBY’s evolution from a traditional licensing model to a selectively owned and operated business model to maximize the value of the Playboy brand across our businesses.”

Bliss was founded in 1996 by the well-known female serial entrepreneur Marcia Kilgore. It started as a beauty spa service and has gone through several handovers and business transformations so far.

The acquisition means that Gruppo Florence is expanding into embroidery.

Founded in 1989 by Vandana and Mukesh Luthra, VLCC is a homegrown pioneer in India’s skincare, beauty and wellness market, with an integrated offering of branded skincare products and high-end specialized beauty and wellness services.

Worn’s buyers and sellers will be onboarded onto the Sellier platform as part of the deal, growing the latter’s business by around 25 percent in the coming year.

Prior to launching her own brand, Chen served as Vice President of Operations at The Honest, a personal care brand founded by American actress Jessica Alba.

As early as February 2022, Pinault had acquired a minority stake in Jacquesson through Artémis Domaines. After the completion of this transaction, Pinault became the sole shareholder of the brand.

The next WRC will be held in Barcelona from April 25th to 27th, 2023, with the theme of “Retail Leadership in Extraordinary Times.”

Zurich-based holding company DKSH has announced the sale of its 25% stake in Bovet Fleurier SA, a Swiss watchmaking brand, to Mr. Pascal Raffy and his family.

Investor interest has been heating up in the beauty services sector, and facials appear to be ripe for investment.