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Lovisa Holdings Announces European Acquisition

13 Nov 2020  |  08:26:00  |  Associate analysts  |  Increase  |  Decrease  |  

Original announcement: European Acquisition

Lovisa Holdings announced the acquisition of the European retail store network of German wholesaler beeline GmbH, which is expected to add more than 80 stores to the Lovisa global store network across 6 European countries. The beeline retail business currently operates 114 retail stores in 7 countries selling fashion jewellery and accessories under the SIX and I AM brands. It will acquire the shares of the six retail trading entities of the beeline Group in Germany, Switzerland, The Netherlands, Belgium, Austria and Luxembourg.

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