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.

Italian investment holding company Hind SpA’s subsidiary, Holding Moda, which focuses on acquisitions in the fashion industry, is set to continue investing in the Italian supply chain and launch its third apprenticeship program.

Currently, through acquisitions, Gruppo Florence has a portfolio of 26 affiliated companies and supplies over 70 luxury brands worldwide. In 2022, the group’s sales exceeded 600 million euros.

Currently, HBA’s products are distributed in over 60 countries, with exports accounting for over 95% of its sales. The majority of its products are manufactured in Southeast Asia, the Middle East, and Europe.

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