US private-equity firm L Catterton invests in Stenders as China’s consumer trends shift

Quick Summary:

Investment firm says now is a good time to lean into China’s consumer sector, as the premium segment of the bath and body market expands.

Scott Chen, Asia managing partner at L Catterton.

The acquisition through L Catterton’s Asia fund platform marks the consumer sector-focused firm’s fourth investment in China in the past 12 months, with deployment totalling US$200 million.

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Article Details

Author / Journalist: Aileen Chuang

Category: Business

Markets: Hong KongChina

Topics: Chen Scott Asia China Managing Firm Catterton Companies Consumer Partner Investment

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-10 @ 09:00:14 (3 hours ago)

News Timezone: GMT +8:00

News Source URL: scmp.com

Language: English

Article Length: 181 words

Reading Time: 2 minutes read

Sentences: 5 lines

Sentence Length: 37 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © SCMP

News ID: 22439039

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