Retail News CRM

Tag: Fosun International

  • ClubMed Lifestyle Targets 85 Global Resorts by 2030 Ahead of Hong Kong IPO

    ClubMed Lifestyle Targets 85 Global Resorts by 2030 Ahead of Hong Kong IPO

    ClubMed Lifestyle Group plans to expand its global resort network to roughly 85 properties by 2030. The expansion relies on an asset-light model across key international leisure markets.

    Today, the Fosun International subsidiary operates 69 resorts across more than 40 countries and regions. It serves over 1.5 million guests each year.

    Asset-light pipeline spans Asia and Europe

    Since late 2025, the group has secured new resort agreements in China, Indonesia, Canada, Morocco, Brazil, the US Virgin Islands and Italy. Target markets include the European Alps, Mediterranean and North African coastlines, Northeast and Southeast Asia, and the Americas. Early development work is also underway in the Middle East.

    Management relies on management contracts, integrated vacation destinations and cultural-tourism complexes rather than direct real estate ownership. In July, Club Med signed a memorandum of understanding with Microsoft at its Paris headquarters. The partnership applies cloud-native systems and artificial intelligence tools to resort operations and guest services. Microsoft France chief executive Corinne De Bilbao and ClubMed Lifestyle Group co-president Xu Bingbin led the signing.

    Valuation shifts and operator competition

    Resort operators across the Asia-Pacific region are shifting capital expenditure off their balance sheets. The strategy helps defend margins against volatile travel cycles. Rival luxury and leisure operators in Southeast Asia use similar management contracts to scale up without taking construction debt onto their books.

    Brand consistency and service standards remain the central risk across third-party real estate as networks grow. Meanwhile, developers in regional resort hubs face high financing costs. Operational efficiency and direct booking technology will determine whether newly signed properties stay profitable.

    Fosun prepares Hong Kong public float

    This push follows a corporate restructuring by parent company Fosun International. On August 28, the World Travel & Tourism Council admitted ClubMed Lifestyle Group as a global member. The business filed a formal listing application with the Hong Kong Stock Exchange on August 29 to spin off the vacation unit into an independently traded entity.

    Fosun reported total revenue of RMB86.96 billion and a net profit of RMB1.72 billion for the first half of 2026. The upcoming Hong Kong listing will determine how much capital the business secures to add the final 16 resorts needed for its 2030 goal.

  • Fosun International eyes up food distributor and retailer Metro

    Fosun International eyes up food distributor and retailer Metro

    Chinese international conglomerate and investment firm Fosun International is negotiating a US$500 million holding in German wholesaler Metro, according to a report.

    The unconfirmed news about an acquisition that would see Fosun taking a 9 per cent holding in Metro has already boosted the firm’s share prices and may generate interest from other players, setting off a bidding war with other recent and potential investors in the firm.

    While current and prospective stakeholders in Metro may be preparing to face off, Fosun remains committed to its global acquisitions strategy that has seen it review an average of 25 possible investments per day – more than 9000 in total – over the last year.

    Fosun International currently owns 10 per cent in accessories retailer Folli Follie, resort Club Med, Canada’s Cirque du Soleil and the Malaysian-founded Secret Recipe cafe chain.

    Lees ook:

    Lees ook:

    Lees ook:

  • Fosun International hits $1bn in net profit

    Fosun International hits $1bn in net profit

    Fosun International post on Tuesday that company net profit reached Rmb 6.86bn ($1bn) for the first half of 2018, on the back intense acquisition activity, which saw the Chinese firm snap up local and international assets, including luxury brand Lanvin earlier in the year.

    The Chinese investment firm said net profit increased 17% over the last six months, which was slower than previous years, however, with a 33.6% uptick recorded for the first half of 2017.

    Revenue reached RMB43.51 billion for the January to June period, an increase of approximately 20% over the same period last year.

    The company said it “continued to focus on maintaining a healthy and stable balance sheet” and achieved a net gearing ratio of 53.6% with an overall financing cost of 5.18%.

    Since the turn of 2018, Fosun has bought a stake in French confectionery company St Hubert, a minority stake in China’s Tsingtao Brewery and majority stakes in European luxury brands Wolford and Lanvin.

    Fosun’s long-term portfolio also includes Club Med, a stake in Cirque du Soleil and the UK’s Wolverhampton ‘Wolves’ football team.

    Co-founded by Chinese billionaire Guo Guangchang in 1992, Fosun has evolved from an entrepreneurial start-up into a leading investment group taking roots in China with a global foothold.

    Listing on the Shanghai Stock Exchange in 2007, Fosun now forms part of Chinese active investor cohort, which also boasts the firms HNA, Dalian Wanda and Anbang Insurance.

    Lees ook:

  • Fosun International acquiring French brand IRO

    Fosun International acquiring French brand IRO

    Chinese fashion retailer Fosun International will reportedly acquire French apparel brand IRO.

    IRO’s founders, brothers Laurent and Arik Bitton, will retain a 40 per cent stake, while Fosun will acquire the 25 per cent shareholding of the Marciano family, founder of the Guess Group, along with the remaining shares, making it the major shareholder.

    The deal, worth about €130 million (US$143.533 million), has been confirmed by a Fosun spokesperson quoted in the Chinese media.

    IRO was founded in Paris in 2004, with a men’s clothing series being added in 2011. Its followers include supermodels and fashion bloggers like Kate Moss, Rosie Huntington, Gigi Hadid and Aimee Song.

    With annual sales of about €60 million, IRO has stores in Paris, New York, London and Rome – all up, seven outlets in France and 25 internationally, including four in the US. It also has more than 40 counters in high-end department stores.

    Fosun has diverse interests covering fashion and retailing, and also owns the French resort group Club Med. The company has invested in many overseas consumer brands, including Greek fashion brand group Folli Follie, American high-end women’s clothing brand St John, Italian high-end custom men’s clothing Caruso, and fashion lifestyle brand Tom Tailor.

    Lees ook:

    Lees ook: