SUQQU launches China’s first retail experience with USHOPAL’s Bonnie&Clyde luxury beauty stores

SHANGHAI, Aug. 2, 2022 In a multi-year retail partnership with USHOPAL Group, China’s main vertically built-in premium beauty funding and model group, is launching SUQQU’s first cross border e-commerce experience retailer in China by its owned luxury beauty retailer, Bonnie & Clyde. SUQQU will develop level of gross sales by Bonnie & Clyde.Japanese international status model SUQQU was born in 2003 with the mission responds to the wants of fixing life, values and occasions whereas serving to you to superbly evolve with them.

SUQQU launches China’s first retail experience at Bonnie&Clyde Shanghai Kerry Center

“We are delighted to introduce our first model experience retailer in China with Bonnie & Clyde, to precise the multi-faceted charms of the model, in addition to our heritage & DNA. We hope the shop experience would encourage the client to face up straight, to convey out the brilliance of individuality, and to take pleasure in every season of their time.” Yoshiko Sudo, SUQQU Head of MarketingRenowned for its immersive storytelling and experiential retail, Bonnie & Clyde is within the vanguard of luxury beauty retailing in China assembly gen Z and millennial’s demand for curated discovery and storytelling by a multi-dimensional in-store experience.William Lau, Bonnie & Clyde’s CEO continues to see super development potential for the model “amongst our avid and discerning gen Z and millennial buyers who’re excited by how we convey a model’s DNA to life by immersive retail storytelling.”In 2020, USHOPAL Group was the distinguished companion launching SUQQU into the China market on-line and offline. This enlargement of present SUQQU counters into the model’s full experience retailer will convey additional elevate the patron model experience. With Bonnie&Clyde’s upcoming retail launch in ChengDu, they’ll proceed to double their retailer rely to over 12 prime tier retail places in China’s main luxury malls with retailer entrance subsequent to the who’s who of world manufacturers together with Chanel, Hermès and Dior, Bonnie & Clyde is uniquely positioned to drive discovery of SUQQU to a bigger universe of avid beauty buyers throughout China.Boasting a prestigious mixture of luxury and premium retail model companions together with Chantecaille, Natura Bissé, ARgENTUM, Anastasia Beverly Hills, SUQQU, Juliette Has A Gun and REN Skincare, in two brief years, Bonnie&Clyde has emerged as a breakout chief within the luxury retail area. Today it instructions the best unit value factors in luxury beauty retail by leveraging an ecosystem of 28 to 34 yr previous luxury customers propelling Bonnie&Clyde’s GMV to $20M.Nevertheless, Lu Guo, USHOPAL’S founder and CEO, has a extra bold imaginative and prescient for the luxury beauty group. ‘Our imaginative and prescient has all the time been to construct the main luxury beauty model group in China that offers Chinese customers the chance to experience the perfect international manufacturers and with this unique retail partnership we’re constructing on our imaginative and prescient.”And with a profitable monitor report as investor and omni-brand channel development operator with the world’s main beauty teams, Beiersdorf-owned Chantecaille, Unilever-owned REN, USHOPAL is on the quick monitor to changing into a unicorn.Moreover, with an IPO within the works, it’s uniquely positioned to proceed to efficiently spend money on, function, and scale luxury beauty manufacturers with international attain and extremely engaged gen Z and millennial beauty communities.From this vantage level, strategic funding is paramount. In 2021, USHOPAL accomplished a D spherical in 2021, elevating practically $100M to speed up model development, create model worth, develop core operational capabilities, and enhance profitability by acquisitions and funding in infrastructure, digital advertising and marketing, and on-line and offline retail capabilities. Armed with capital, USHOPAL is actively looking for luxury model investments to deploy capital and unlock model worth in mainland China.USHOPAL’s particular standards for funding is confirmed model high quality and a monitor report of development. Typically, this interprets to 5 years of consecutive development with revenues of $10-$50M+, owned patented know-how, clinically examined formulations, and distinctive model positioning with a faithful gen Z and millennial neighborhood.Since its inception, USHOPAL has invested in, operated and scaled market main manufacturers corresponding to Spain’s high-end skincare model Natura Bissé, New York-based luxury beauty model Beiersdorf-owned Chantecaille, Japan’s prime pure skincare model SUQQU, and UK model ARgENTUM, a favourite of Chinese celebrities.In 2020, collectively with Cathay Capital, USHOPAL accomplished the first fairness financing of Juliette Has A Gun, a prime ten area of interest international perfume model and, most just lately, accomplished a strategic funding in Japan’s No.1 DTC males’s skincare model BULK HOMME.Website: www.ushopal.comCONTACT: Cherry Yu, Email: [email protected]SOURCE USHOPAL

https://www.prnewswire.com/news-releases/suqqu-launches-chinas-first-retail-experience-with-ushopals-bonnieclyde-luxury-beauty-stores-301598561.html