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Sunday, 21 April 2019

Adrian Cheng, Yoho! to Launch Dazed China Edition

HEADING TO CHINA: Dazed, the London-based bimonthly fashion and style magazine, will unveil the launch of its Chinese edition with Yoho!, a Chinese media, e-commerce and event platform, on Tuesday, WWD has learned. Mars Liang, founder of Yoho!, said: “This collaboration is not limited to media licensing; I believe with this opportunity, we can create commercial, creative and cultural synergy.” The Nanjing-based Yoho! is one of China’s most influential streetwear platforms. Its business portfolio includes the magazine Yoho! Boy and Yoho! Girl; the annual festival Yo’Hood; e-commerce site Yoho! Buy; the brand incubator Yo’Hope, and retail boutiques Yoho! Store and Yoho! Blu. The two parties were introduced by Adrian Cheng, the entrepreneur and heir to the Hong Kong-based conglomerate New World Development, jewelry brand Chow Tai Fook, Rosewood Hotel and K11 shopping mall. Last December, Cheng’s C Ventures led a $25 million Series E+ investment round in Yoho!. The company has raised more than $150 million since its first financing round in 2006. Cheng said he will take on the role of chairman of Dazed China. “This cooperation reflects C Ventures’ investment theory of bridging the East and the West, and my belief of enriching new consumers’ daily lives through the power of creativity,

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from WWDWWD http://bit.ly/2IyGl9f

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