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Sealand Capital Galaxy Ltd - Asia-focused digital investor that offers financial and strategic support to entrepreneurs - Launches Heath London Tmall global flagship store on Tmall.com, a Chinese-language website for business-to-consumer online retail, effective September 25. Heath London is a British male skincare brand.
Sealand announced its exclusive distribution contract with Heath London in July for Greater China.
"This is the latest development in our strategy to build a bridge between European merchants of desirable, high-end goods and sophisticated Chinese consumers with global taste," said Chair Nelson Law. "Covid-19 has accelerated changes in consumer buying habits. More and more Chinese consumers, as elsewhere in the world, are looking to buy niche luxury and quality products online, and we remain excellently placed to take advantage of these trends."
Current stock price: 0.75 pence, up 7.0% on Monday
Year-to-date change: down 47%
By Josie O'Brien; josieobrien@alliancenews.com
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