USHOPAL completes another round of financing, raising 100 million USD, reinforcing leadership as a luxury beauty omni-brand partner for China
USHOPAL completes another round of financing, raising 100 million USD, reinforcing leadership as a luxury beauty omni-brand partner for China
03/08/21, 10:29 AM
Location
shanghaiUSHOPAL, a leading new luxury beauty and new retail group in China, has announced the completion of a 100 million USD round of financing, driving up its investment pool to 200 million USD, aimed at supporting USHOPAL's portfolio brands' rapid growth in China and Asia Pacific. The leading investor for this round is FountainVest Partners, a leading private equity firm that specializes in global brand investment, which recently acquired the parent company of ARC'TERYX, Amer Sports. Co-investors include Cathay Capital, Zhongyuan Capital, Hengxu Capital and Dazhong Zhongsong Fund.
Company Info
Location
shanghai, shanghai, china
Additional Info
The USHOPAL brand acceleration group partners and invests in the next generation of luxury brands in the beauty and wellness space. We seek passionate innovators and management teams looking to develop category-leading brands. We provide the operational resources and capital required to take brands to the next level.