LOVISA to acquire the retail business of beeline group.

LOVISA, an Australian fashion jewellery retail group, agreed to acquire the retail business of beeline group, a privately held company based in Cologne that offers fashion jewellery and accessories. Financial terms were not disclosed. “The sale of our retail division to LOVISA allows us to focus on our role as a trusted and reliable partner for our clients while maintaining competitiveness and agility in the market. This is the best way to strengthen our Concessions and eCommerce division in the future. At the same time, we are happy to provide jobs for our employees,” Hinrich Tode, beeline CEO.