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Jowell Global Partners With Italian Cosmetics Firm So.Di.Co To Fasten China Sales

Jowell Global Partners With Italian Cosmetics Firm So.Di.Co To Fasten China Sales

聚好商城与意大利化妆品公司So.Di.Co合作加快中国销售
Benzinga Real-time News ·  2022/09/19 10:12
  • Jowell Global Ltd (NASDAQ:JWEL) has entered into a strategic partnership with Italy-based So.Di.Co Group to promote the sales of natural personal care products. The financial terms were not disclosed.
  • So.Di.Co is an Italian cosmetics, beauty, and wellness producer, having its products through over 1,000 retailers in Europe, the Middle East, and Africa (EMEA) markets.
  • In addition, the parties will co-develop Original Equipment Manufacturers (OEM) and Original Design Manufacturers (ODM) suppliers in China for So.Di.Co Group's new product development and enhanced production capacity mainly for China market.
  • Zhiwei Xu, CEO and chairman of Jowell Global, commented, "As a business partner, Jowell Global will leverage its expertise with China's top tier OEM and ODM to assist So.Di.Co Group with its new product development and production capacity."
  • Under the arrangement, Jowell Global will strengthen So.Di.Co's sales and distribution channels to meet the growing demand from Chinese consumers in the search for safe and environmental-responsible products.
  • Price Action: JWEL shares are trading lower by 3.77% at $2.04 on the last check Monday.
  • 聚好商城纳斯达克(Sequoia Capital：JWEL)与意大利So.Di.Co Group达成战略合作伙伴关系，以促进天然个人护理产品的销售。财务条款没有披露。
  • So.Di.Co是一家意大利化妆品、美容和保健生产商，其产品通过欧洲、中东和非洲(EMEA)市场的1000多家零售商销售。
  • 此外，双方还将共同开发中国的原始设备制造商(OEM)和原始设计制造商(ODM)供应商，主要针对中国市场开发So.Di.Co集团的新产品和增强产能。
  • 聚好商城首席执行官兼董事长徐志伟表示：“作为业务合作伙伴，聚好商城将利用其在中国顶级OEM和ODM方面的专业知识，帮助So.Di.Co Group进行新产品开发和产能。”
  • 根据这项安排，聚好商城将加强So.Di.公司的销售和分销渠道，以满足中国消费者对安全和环保产品日益增长的需求。
  • 价格行动：JWEL股价在周一的最后一次检查中下跌3.77%，至2.04美元。
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