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.
Chengfeng Group currently operates five major garment production bases in Jintan, Kunshan, Suqian, Sihong, and Siyang; two linen and cotton textile production bases in Changshu and Suqian; and two accessory production factories in Xuwen and Shetou.
Consinee produce more than 7000 tons of cashmere yarn per year, of which recycled cashmere can reach about 100 tons.
Over the past five years, China’s foreign investment in Catalonia has reached 1.164 billion euros, creating 2,100 new job opportunities. Currently, Catalonia is home to 114 subsidiary companies of Chinese enterprises.
Yatsen BioTech will be held by COSMAX with a 51% stake and Yatsen Global with a 49% stake.
WWP Beauty’s production operations in China account for over 90% of its total workforce, including packaging and formulation experts.
Unilever marks its 100th year of investment in China.
According to reports, this transaction does not include the Pal Zileri brand, which is still fully controlled by the Qatari fund Mayhoola.
Reda is known for producing entirely “Made in Italy” and sustainable Merino wool fabrics.
Herno took action several months ago by collaborating with Istituto Secoli and other fashion brands in the region, such as Gucci, In.Co, Versace, and Zamasport, to establish a school in Novara to develop production talent.
