×
6 518
Fashion Jobs
HOLLISTER CO. STORES
Hollister CO. - Graduate Manager in Training, George Street
Permanent · Edinburgh
HOLLISTER CO. STORES
Hollister CO. - Graduate Manager in Training, Braehead
Permanent · Renfrew
JOHN LEWIS
Section Manager Warehouse
Permanent · WEYBRIDGE
HARRODS
Concessions HR Manager
Permanent · LONDON
HARRODS
Stock Operative
Permanent · LONDON
HARRODS
Restaurant General Manager
Permanent · LONDON
HARRODS
CRM Executive Customer Data
Permanent · LONDON
OYSHO
New Store Opening - Oysho White City - General Manager
Permanent · LONDON
HARRODS
Uniformed Security Officer
Permanent · LONDON
HARVEY NICHOLS HEAD OFFICE
Ecommerce Director
Permanent · LONDON
NEXT
Sales Coordinator - Galashiels
Permanent · HUDDERSFIELD
SPORTS DIRECT
Loss Prevention Supervisor
Permanent · LEICESTER
SPORTS DIRECT FITNESS
Assistant General Manager - Everlast Fitness
Permanent · BURY ST EDMUNDS
SPORTS DIRECT FITNESS
General Assistant - Everlast Gyms
Permanent · BURY ST EDMUNDS
SPORTS DIRECT FITNESS
General Manager - Everlast Fitness
Permanent · RUGBY
EVERLAST GYMS
General Manager - Everlast Fitness
Permanent · STOKE-ON-TRENT
AESOP
Retail Consultant | Full-Time | Aesop st James Quarter, Edinburgh, Scotland
Permanent · London
HEAD OFFICE
Merchandise Planner – Food & Grocery Merchandising
Permanent · BRACKNELL
HEAD OFFICE
Digital Product Manager
Permanent · LONDON
NEXT
Delivery Coordinator - Llandudno
Permanent · LLANDUDNO
NEW LOOK
Sales Manager
Permanent · STRETFORD
EVERLAST GYMS
General Assistant - Everlast Fitness
Permanent · NETHERFIELD
Ads
Translated by
Roberta HERRERA
Published
Sep 14, 2022
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

L'Oréal invests in Chinese fragrance brand Documents

Translated by
Roberta HERRERA
Published
Sep 14, 2022

With an average annual growth rate of 12.3%, the Chinese beauty market, driven by a generation of young and sophisticated consumers, is expected to reach €49 billion in 2024. These projections are unsurprisingly attracting the interest of global beauty players. It is against this background that L'Oréal China has just purchased a minority stake in Chinese perfume brand Documents.


A campaign of the Chinese perfume brand, Documents - DR


L'Oréal China carried out this financial transaction via Shanghai Meicifang Investment, its fund founded in May dedicated to supporting innovative Chinese brands. The fund is backed by BOLD, the L'Oréal group's private equity fund dedicated to acquiring minority stakes in innovative start-ups in the beauty sector.

As reported by local media outlet Inside Retail Asia, the operation is also part of a Series A funding round, also led by Consumer Co-Creation Fund, which was launched in December 2021 by Cathay Capital in partnership with Kering, L'Oreal and Pernod Ricard. The fund is dedicated to investing in and incubating young Chinese companies with high growth potential.

Already a favorite of China's Gen Z, premium brand Documents was launched in 2021 by Zhaoran Meng and has three stores in China, where the L'Oréal group has been present since 1997.
 

Copyright © 2022 FashionNetwork.com All rights reserved.