chinese capitalshopping for european luxury companies

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Chinese Capital shopping for European Luxury Companies by Alicia Yu,CFA Founder & CEO of Luxe.CO © Luxe.CO All rights reserved. Title of your presentation

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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 recently

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Page 1: Chinese Capitalshopping for European Luxury Companies

Title of your presentation

Chinese Capitalshopping for European

Luxury Companies

by Alicia Yu,CFA

Founder & CEO of Luxe.CO

© Luxe.CO All rights reserved.

Page 2: Chinese Capitalshopping for European Luxury Companies

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.

Page 3: Chinese Capitalshopping for European Luxury Companies

Title of your presentation

Once struggling European luxury houses have turned so profitable,

© Luxe.CO All rights reserved.

Page 4: Chinese Capitalshopping for European Luxury Companies

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 :

Page 5: Chinese Capitalshopping for European Luxury Companies

Title of your presentation

Trinity Ltd.

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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

Page 6: Chinese Capitalshopping for European Luxury Companies

Title of your presentation

Fosun Group

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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)

Page 7: Chinese Capitalshopping for European Luxury Companies

Title of your presentation

Shandong Heavy Industry Group

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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

Page 8: Chinese Capitalshopping for European Luxury Companies

Title of your presentation

Fung Capital

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“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

Page 9: Chinese Capitalshopping for European Luxury Companies

Title of your presentation

YGM Group

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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

Page 10: Chinese Capitalshopping for European Luxury Companies

Title of your presentation

China Haidian

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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%

Page 11: Chinese Capitalshopping for European Luxury Companies

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]

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