Bonnie&Clyde Luxury Beauty Retailer Leading Cruelty-free brands into China Duty-free zone

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Jun 10, 2021, 07:16 ET

SHANGHAI, June 10, 2021 /PRNewswire/ -- For the first time, USHOPAL's Bonnie&Clyde is going to build a special Bonnie&Clyde zone in the only downtown duty free CNSC mall in Shanghai as well as Hainan, bringing in niche, cruelty free brands that usually can only operate as online cross-border into the huge offline duty-free enterprise in China. As China is determined to build and boost its own duty-free enterprise, the traditional system that focused only on well-known group brands that are CFDA ready was a huge growth bottleneck. Bonnie&Clyde's parent company USHOPAL, with its huge scale and special license secured a special multi-brand special zone model approach for the first time, showcasing the niche, non-CFDA ready brands such as Suqqu, Chantecaille, Natura Bisse, Juliette Has a Gun, etc. to be displayed and loaded via space and content in the center spot light to the huge Chinese duty-free consumer market. This year, USHOPAL's major focus will be helping portfolio brands win in offline duty-free booming market, and further build luxury brand positioning via creative content on new media streams such as Tiktok. The company is expected to reach 2 billion rmb in 2021, and now 6 Bonnie&Clyde stores in Shanghai, Chengdu, Hainan, and soon Wuhan and Northeastern China.

Bonnie&Clyde launches first duty-free zone for cruelty-free brands in Shanghai City

Company: The USHOPAL brand acceleration group partners and invests in the next generation of luxury brands in the beauty and wellness space. The China-based brand accelerator announced on Mar. 8 the completion of a $100 million round of financing to support its portfolio expansion in China and the Asia Pacific. USHOPAL developed Bonnie&Clyde in China as the leading luxury multi-brand beauty Omni-channel retailer, located in the top tier department stores in Shanghai, Chengdu, Hainan, and soon Wuhan and Northeastern China.