German Sex Toy Company WOW To Merge With UK’s LoveHoney

 According to a statistical report from Grand View Research, a well-known consulting firm, global sales of sex toys increased by 26% in 2020, reaching $33.6 billion.

esdoll-Jamie-170cm-57-Ultra-Realistic-Curvy-TPE-Sex-Doll-Ready-to-Ship-in-US-03
158cm (5’2) Ultra Realistic Curvy TPE Sex Doll – Jamie

According to the “Wall Street Journal”, after several rounds of negotiations, the two companies reached a cooperation intention on August 11, and may officially announce it as soon as Thursday.

The combined company, valued at about $1.2 billion, is now seeing a steady increase in global demand for sex toys for a number of reasons, not least of which is the COVID-19 outbreak, which is causing people to stay home for extended periods of time.

158cm Marlene TPE sex doll-1
Newest 158cm B-Cup Slim Body Flat Chest sex doll – Cozy

Germany’s WOW Tech Group and UK’s Lovehoney are Europe’s two largest adult health companies, supplying retailers and consumers with sex toys, erotic lingerie, and body lubricants. Its high-end sex toy brands Womanizer, Fifty Shades of Grey, Lovehoney, and Arcwave are quite well-known.

Fifty shades of grey movie licensed to the SM sex toy brand

After the merger of WOW Tech and Lovehoney, the new company is called: Lovehoney Group, which is expected to generate more than 400 million US dollars in revenue this year and will become one of the world’s largest adult sexual health products companies.

ESDOLL-Milf-Real-Love-Doll-158cm_0007
Fantasy Milf Real American Love Doll 158cm – Sandra

The combined new company is valued at more than $1.2 billion, and they believe that the sex industry will continue to grow, and even if people don’t have to stay at home after the epidemic is over, it won’t have a big impact on demand for sex toys.

The combined company will aggressively develop operations in North America and Asia and may seek more and larger acquisitions.

Allison 140cm sex doll
140cm 4.59ft Silicone Sex Doll with 3 Love Hole Porn – Allison

Johannes Plettenberg, the current CEO of WOW Tech, said: “The gender health industry will continue to grow rapidly and become a dazzling new star in the global market.”

He is rumored to be staying on as CEO of the new combined company.

Original source: https://www.esdoll.com/blog/german-sex-toy-company-wow-to-merge-with-uks-lovehoney/

Read more articles about sex dolls: https://www.esdoll.com/blog/

Comments

Post a Comment

Popular posts from this blog

Silicone Dolls Revolutionizing the Ways People Use for Intercourse

Image
Few years earlier it was quite difficult to find out alternatives to get your various horny desires satisfied. However, lots of improvements have been noticed in the field of technology in the recent times. As a result, people have today a wide range of options available when it comes to allowing them to get the immense sexual pleasure and fun even without the presence of their female counterparts. Yes, I am talking about the adult toys which come in different forms with different designs, and styles, and are very helpful to help both men and men to fulfill their various sexual urges. Although adult toys have played a crucial role in revolutionizing the ways people used to explore their sex life, the introduction of sex dolls has evolved these days as an extremely useful tool to boost their intimate life. Even the ability of silicone dolls has made it possible for men to feel that they are with their real woman while doing intercourse or other sexual activities. Enjoying the
Read more

My true sex experience in the car

Image
Don't tell you, the phone is running out of electricity. Stop calling me. I'll call you when it's near. "Before my boyfriend promised, I quickly hung up the phone. At this time, the middle-aged man held my full breasts in one hand. One of the fingers gently stroked my hardened nipple. The other hand's The fingers kept teasing me, and just as I hung up the phone, I felt as if there were two hot streams running through my body. The middle-aged man saw me hastily hung up her boyfriend's phone and seemed to be very satisfied with my performance. She began to kiss my earlobe with her mouth and whispered in my ear: "You're so wet, are you comfortable? Thank you so much for your boyfriend's phone call. Or how easy is it to lift your armor and be touched when you call with your boyfriend? Isn't it exciting?” I shouted, “I hate you, why are you so bad?” The middle-aged man saw me acquiesced with his actions at this time and said: "Look at y
Read more

4 Tips For Choosing Your First Sex Doll

Image
  Sex is the love of a man’s life, men never grow up, it’s just that their sex toys get bigger and more expensive. Fantasy Milf Real American Love Doll 158cm – Sandra As men grow older, men love being alone more and more, and men must understand this feeling, shut themselves in a closed space to catch their breath, and use their hands to masturbate their penis and release their negative emotions. It is no exaggeration to say that when the semen of a man’s life spews out, this moment makes the man flutter. After the orgasm, every man returns to the most rational time of the day. And  premium sex dolls  are such a  male masturbator  that you buy and never forget, but not all sex dolls can bring extraordinary experiences. If you are a new player, first contact, then it is necessary to compare and choose more. It cannot be simply said that the one with some outstanding features, high appearance, and high price is the best. After all, for the public players, cost performance is the most imp
Read more