Blog Archives

Shiseido transfers ten brands for 9.8 billion yuan under attacks of the pandemic and Chinese brands

On February 3, Shiseido officially announced that it will transfer its global personal care business to private equity fund CVC Asia Pacific Limited and its affiliates (hereinafter referred to as “CVC”) for 160 billion yen (about 9.8 billion yuan).

Posted in cmgmnews Tagged with: ,

L’Occitane’s US branch filed for bankruptcy, but it keeps double-digit growth in China

At present, there has been a sharp contrast between China’s domestic and foreign consumer markets. China’s consumer market is recovering strength. The current situation of consumer markets in many countries still affected by the pandemic is very worrying. The United

Posted in cmgmnews Tagged with: ,