SUQQU Launches China’s First Retail Expertise With USHOPAL’s Bonnie & Clyde Luxurious Magnificence Shops

SHANGHAI, 2 August 2022 In a multi-year retail partnership with the USHOPAL Group, of China vertically built-in premium magnificence funding chief and group of manufacturers, is launching SUQQU’s first cross-border e-commerce expertise retailer in China by way of her luxurious magnificence retailer, Bonnie & Clyde. SUQQU will broaden its shops by way of Bonnie & Clyde.

The Japanese model of world status SUQQU was born in 2003 with the mission to answer the wants of fixing life, values ​​and occasions, serving to you to evolve superbly with them.

“We’re delighted to introduce our first model expertise retailer in China with Bonnie & Clyde, to precise the multifaceted enchantment of the model, in addition to our heritage and our DNA. We hope that the store expertise will encourage the client to face up, carry out the splendor of individuality and revel in each season of their time. ”

Yoshiko SudoSUQQU Head of Advertising and marketing

Famend for its partaking narrative and experiential retail, Bonnie & Clyde is on the forefront of luxurious magnificence retailing in China meet Gen Z and millennial demand for curated discovery and storytelling by way of a multidimensional in-store expertise.

William LauBonnie & Clyde CEO continues to see super progress potential for the model “amongst our avid and discerning Gen Z and millennial customers who’re enthusiastic about how we carry model DNA to life by way of partaking retail storytelling.” .

In 2020, USHOPAL Group was the distinguished companion that launched SUQQU in China on-line and offline market. This enlargement of the present SUQQU counters into the total model expertise retailer will additional result in elevating the patron’s model expertise. With the upcoming retail launch of Bonnie & Clyde in Chengduwill proceed to double the variety of shops to over 12 high-end stores of China main luxurious malls with showcase subsequent to who’s who of world manufacturers together with Chanel, Hermès and Dior, Bonnie & Clyde are uniquely positioned to steer the invention of SUQQU in a broader universe of avid magnificence customers throughout China.

Boasting a prestigious mixture of luxurious and premium retail model companions together with Chantecaille, Natura Bissé, ARgENTUM, Anastasia Beverly Hills, SUQQU, Juliette Has A Gun and REN Skincare, in two quick years, Bonnie & Clyde has emerged as a frontrunner within the luxurious retail. At this time it instructions the best unit costs in luxurious magnificence retail by leveraging an ecosystem of luxurious shoppers aged 28-34 that drives Bonnie & Clyde’s GMV to $ 20 million.

Nonetheless, Lu Guo, founder and CEO of USHOPAL, has a extra bold imaginative and prescient for the luxurious magnificence group. “Our imaginative and prescient has at all times been to create the main group of luxurious magnificence manufacturers in China which gives Chinese language shoppers the chance to expertise one of the best world manufacturers and with this distinctive retail partnership we’re constructing on our imaginative and prescient. “

And with a profitable observe file as an investor and omni-brand channel progress operator with the world’s main magnificence teams, Beiersdorf-owned Chantecaille, Unilever-owned REN, USHOPAL is nicely on its method to turning into a unicorn.

Moreover, with an IPO within the works, it’s uniquely positioned to proceed to efficiently make investments, handle and scale luxurious magnificence manufacturers with world attain and extremely engaged Technology Z and millennial magnificence communities.

From this perspective, strategic funding is key. In 2021, USHOPAL accomplished a spherical D in 2021, nearly elevating $ 100 million to speed up model progress, create model worth, broaden core operational capabilities and enhance profitability by way of acquisitions and investments in infrastructure, digital advertising, and on-line and offline retail capabilities. Armed with capital, USHOPAL is actively shopping for investments in luxurious manufacturers to distribute capital and unlock model worth within the mainland China.

USHOPAL’s particular funding standards are confirmed model high quality and a observe file of progress. Sometimes, this interprets into 5 years of consecutive progress with revenues equal to $ 10– $ 50M +, proprietary patented expertise, clinically confirmed formulations and distinctive model positioning with a loyal neighborhood of Gen Z and millennials.

Since its inception, USHOPAL has invested, managed and downsized market main manufacturers similar to of Spain high-end skincare model Natura Bissé, New YorkChantecaille, luxurious magnificence model based mostly in Beiersdorf, of Japan main pure skincare model SUQQU and British model ARgENTUM, a favourite of Chinese language celebrities.

In 2020, along with Cathay Capital, USHOPAL accomplished the primary fairness financing of Juliette Has A Gun, one of many world’s high ten area of interest perfume manufacturers, and most not too long ago accomplished a strategic funding in of Japan No.1 male skincare model DTC BULK HOMME.

Web site: www.ushopal.com

CONTACT: Cherry YuE-mail: [email protected]

SOURCE USHOPAL

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