Fosun highlights plans in fashion, lifestyle sectors

Fosun International, one of China's largest domestic private investment companies, aims to move further into the domestic fashion and lifestyle industries.

The Shanghai-based group officially announced on Monday the details of the acquisition of Canadian circus and entertainment giant Cirque du Soleil and the establishment of a joint venture with leading British travel company Thomas Cook.

In April, Fosun formed a partnership with TPG, a leading private investment company based in Texas, to become the largest strategic partner with Cirque to further facilitate its global business development.