4 stories in this topic
Private equity firm Bain Capital has successfully completed the acquisition of the global bubble tea franchise, Gong Cha, a deal estimated to be worth around US$635 million. This figure falls significantly short of the $2 billion valuation that was initially…
Private equity firm Bain Capital has finalized the purchase of the globally recognized bubble tea franchise, Gong Cha, in a deal worth roughly $635 million USD. This acquisition comes after widespread speculation concerning the future of the well-known…
New data from Bain & Company shows global luxury goods sales will struggle to maintain growth, as the US-Sino trade war and other geopolitical events impact on consumer confidence. In June, Bain said the personal luxury goods market was “on a tear” this year…
Luxury-brand sales are reviving in mainland China, with Macau paying the price. As China’s currency depreciates, the narrowing price gap is keeping mainland luxury shoppers at home, further contributing to Macau’s retail slump, reports the Macau Business…