“With this acquisition, we are able to offer a complete portfolio of hair innovations to consumers in China…”

Saucony became the first profitable new brand under the Xtep Group in the first half of 2023.

Founded in 1914, headquartered in Avesta, Sweden, Haglöfs primarily engages in the design, production, and sale of outdoor apparel and equipment.

These three companies were co-founded by Salvatore Ferragamo and Chinese-Hong Kong entrepreneur Peter K.C. Woo.

In 2022, Frette’s revenue reached 128 million euros.

Over the past two years, Baozun has remained Hunter’s e-commerce partner in China, effectively aiding in driving online business growth and sustained profitability.

Currently, the bálancing operates three existing stores: Fissler, Taikoo Hui Flagship Store, and Grand Gateway 66.

WWP Beauty’s production operations in China account for over 90% of its total workforce, including packaging and formulation experts.

According to reports, this transaction does not include the Pal Zileri brand, which is still fully controlled by the Qatari fund Mayhoola.

This transaction is part of Pernod Ricard’s proactive portfolio management strategy.