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22 Dec

Liu Jo, Blumarine Owner Still Pondering Group IPO

by Beauty Tips
Fashion, Featured
Liu Jo, Blumarine Owner Still Pondering Group IPO
MILAN — An IPO remains to be within the cards for the owner of Liu Jo and Blumarine, EIH Eccellenze Italiane, because the group, which also owns a minority stake in retailer Coin, keeps evaluating market conditions. In an interview with WWD, founder and president of the board Marco Marchi pointed to robust growth for the conglomerate, spurred by customer loyalty to the Liu Jo contemporary brand and the successful creative shift at Blumarine. Hiring Moncler SpA alum Paola Durante as general manager for Liu Jo last June suggested a renewed interest to go public for Marchi, who had originally planned an inventory of Liu Jo in 2018, a project that the entrepreneur has said was postponed due to unfavorable market conditions. The manager...
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2 Dec

Former Lazada Executive Jessica Liu Joins Shein

by Beautifaire101
Beauty, Featured
Former Lazada Executive Jessica Liu Joins Shein
SHANGHAI — Jessica Liu, former copresident of the Alibaba-owned e-commerce platform Lazada Group, has joined Chinese fast-fashion company Shein as its vp of world brands operation, in keeping with a Shein LinkedIn post. “Jessica brings wealthy experience within the e-commerce sector across global markets and we stay up for having her join the Shein growth story,” wrote the Shein announcement. In response to Liu’s LinkedIn page, she joined last month and relies in Singapore. Liu joined Lazada Group, Alibaba’s Southeast Asia arm, in February 2020. In 2021, she took on the role of chief executive officer of Lazada Thailand. She left the position in June 2021 “to spend more time together with her family,” in keeping with the corporate. Before joining Lazada, Liu spent...
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