The company, which is listed on the Hong Kong stock exchange, generates 3.7% of its sales in mainland China. Mulsanne operates with 2,000 stores in the country.
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The sportswear company wants to take its brand to new states of the country and not focus solely on the center of the country. It currently has one hundred stores in Mexico.
The italian company, owned by luxury holding Kering, has allied with Tencent, owner of WeChat to conquer the Chinese consumers.
The historic company, founded in 1912 by French perfume manufacturer Alexandre Jean Patou, was acquired by the French luxury holding in September 2018.
Simonetta, licensee of the childrenswear line of the group, will open the first two stores dedicated to Balmain Kids located in London and Munich.
The world’s top ten players per market share have increased 3.3 points in the last decade. Nike, Adidas, H&M and Zara lead the global fashion consumption.
The court is expected to announce the new owner of the fashion company before the end of the year and with this the end of several months of negotiations.
The new offer of eleven Canadian dollars (8.2 dollars) per share hopes to convince the board of directors to reject the offer of Richard Baker, chairman of HBC.
The French perfume and cosmetics giant has invested in the Canadian skincare group Functionalab, owner of Dermapure, Project Skin MD, and Jouviance.
The French childrenswear company had a 95.7 million euros loss in the first half of the year.
The company, specialized in the production of spandex, is also considering starting operations in America.
Golden Choose is owned by the global investment fund Carlyle and has a market value of 1.4 billion euros.
The French premium fashion company has landed in the country with two concessions in Spanish department store El Corte Inglés.
The mannequin manufacturer was founded in 1956. The group’s first collection of mannequins after the acquisition will be released in February 2020.
Initially, the amount of the bond was two hundred million euros but later expanded after the interest of European and Asian investors.
All economic news of the key fashion companies worldwide.