BCL and Aventura announce TicToc Ventures
Pioneering a new model for building fashion accessory brands in partnership with Chinese influencers
Shanghai, China, March 17th, 2021
Belton China Limited (BCL), a premier Italian watch & jewellery producer is pleased to announce the formation of TicToc Ventures (TicToc), in partnership with Aventura Group AB (Aventura), the China focused E-commerce & Brand Accelerator.
With a rich heritage, drawing on three generations of experience in the watch and jewellery making business, BCL specializes in the design and production of high-quality watches, fashion jewellery, and accessories. Italian owned and managed, BCL maintains design studios and production facilities in Switzerland, Italy and Hong Kong and Mainland China. The group has an extensive roster of well-known international brands as its clients.
The vision of TicToc Ventures is to develop a new model for offering Chinese consumers quality timepieces and accessories designed and branded by their favourite influencers and artists. By offering a complete solution from design, product development and production to brand management, marketing and sales, TicToc Ventures aims to bring to the market a steady stream of collections and new brands that appeal to local consumer tastes with international production and performance standards.
Aventura’s CEO, Gustav Åström commented: “China represents the largest growth opportunity for the global watch industry and Chinese consumers appreciate European heritage and craftmanship. Chinese Millennials and Generation Z’s lifestyle is also evolving quickly, creating new opportunities for brands and influencers: by working in close partnership with Chinese influencers, we aim to bring this new creative model to this dynamic market.”
Besides leveraging influencers’ own channels and social media followings, TicToc’s collections will be distributed in mono-branded shops over China’s leading e-commerce platforms, as well as in a multi-branded store, owned and managed by TicToc Ventures.
“As a producer with a long history in the industry, we have yet to crack the China market. The missing piece has been the expertise required to engage with Chinese consumers and a scalable model for marketing and distribution which fully capitalizes on our design and production capabilities while reducing the risks inherent with introducing new brands to the market. Benefiting from the combined resources of its shareholders, TicToc will be able to respond quickly to local consumer trends and deliver quality products at superior unit economics,” concluded Nicola Giglio, Founder and CEO of BCL.
About BCL
With a rich heritage, drawing on three generations of experience in the watch and jewellery making business, BCL specializes in the design and production of high-quality watches, fashion jewellery, and accessories. Italian owned and managed, BCL maintains design studios and production facilities in Switzerland, Italy, Hong Kong and Mainland China. The group has an extensive roster of well-known international brands as its clients.
About Aventura
Aventura is a China focused E-commerce & Brand Accelerator. Aventura offers holistic solutions to launch, manage and grow businesses in China, drawing upon competences across marketing, sales, e-commerce, and logistics. Founded in 2011, the Group works with a wide range of international consumer brands, start-ups and investors. Aventura is headquartered in Shanghai, with additional offices in Hong Kong and Stockholm.
Press Contact
BCL (Belton China Ltd)
Nicola Giglio, CEO
Aventura Group AB
Gustav Astrom, CEO