chinese capitalshopping for european luxury companies
DESCRIPTION
Chinese is now No.1 luxury consumer in the world, but most gains are pocketed by European names. Once struggling European luxury houses have turned so profitable,Chinese capital wants to be part of it too. Here are the 6 major investments in European luxury names by Chinese companies recentlyTRANSCRIPT
Title of your presentation
Chinese Capitalshopping for European
Luxury Companies
by Alicia Yu,CFA
Founder & CEO of Luxe.CO
© Luxe.CO All rights reserved.
Chinese is now No.1 luxury consumer in the world, but most gains are pocketed by European names
~25% of global personal luxury goods sold to Chinese (domestic + overseas)
~75%of global personal luxury
goods are sold by European companies
Source: Altagamma/Bain© Luxe.CO All rights reserved.
Title of your presentation
Once struggling European luxury houses have turned so profitable,
© Luxe.CO All rights reserved.
Chinese capital wants to be part of it too …
© Luxe.CO All rights reserved.
Here are the 6 major investments in European luxury names by Chinese companies recently :
Title of your presentation
Trinity Ltd.
© Luxe.CO All rights reserved.
an Italian premium men’s wear brand founded in 1881
Cerruti
2011 March
a premium men’s wear manufacturer and distributer - member of Li & Fung group based in Hong Kong
Euro 53 mln
acquired 100% of
Title of your presentation
Fosun Group
© Luxe.CO All rights reserved.
major accessory brand of Greece, founded in 1982
Folli Folie
2011 June
one of China’s largest private group company based in Shanghai
Euro 85 mln
acquired 9.5% of
(as the brand’s No.1 strategic investor)
Title of your presentation
Shandong Heavy Industry Group
© Luxe.CO All rights reserved.
one of the world’s largest luxury yacht builder, founded in 1968 in Italy
Ferretti
2012 Jan
one of China’s largest machinery company based in Shandong province
Euro 178mln equity + 196mln loan
acquired 75% of
Title of your presentation
Fung Capital
© Luxe.CO All rights reserved.
“Queen of Knits”, a major French designer brand founded in 1962
Sonia Rykiel
2012 February
the investment arm of Li & Fung group based in Hong Kong
Undisclosed
amount
acquired 80% of
Title of your presentation
YGM Group
© Luxe.CO All rights reserved.
British trench coat brand of 160 years history
Aquascutum
2012 May
a garment manufacturer and distributor based in Hong Kong
GBP 15mln
acquired 100%
brand ownership of
Title of your presentation
China Haidian
© Luxe.CO All rights reserved.
Swiss mainstream luxury watch brand founded in 1955
Corum
2013 April
one of China’s largest watch company headquartered in Hong Kong
USD 91mln
acquired 100%
Title of your presentation
About Luxe.CO• China’s most influential online business media for
luxury , fashion and lifestyle
• Provides most updated and authentic industry news and in-depth analysis to business leaders and professionals , investors, media and HNWIs
• Contact info : [email protected]
© Luxe.CO All rights reserved.