Mutual advantage of resource sharing Japan ITOCHU shares

Off topic discussion

Moderator: ACAPmod

Mutual advantage of resource sharing Japan ITOCHU shares

Postby onlylove111 » Thu Nov 23, 2017 8:02 am

Strong shareholding background Gao Dekang said the new investors are scarpe ACAPsoft donne 2017 Itochu and CITIC Securities. On the evening of April 24, Bosideng announced that ITCSPC, a joint venture between ITOCHU Corporation, Japan's third-largest trading house, and Jinshi Investment, an investment platform owned by CITIC Securities, chaussure ACAPsoft air max 97 will enter into a subscription agreement with Bosideng through the investment of New Surplus, a wholly-owned subsidiary of Goodron. According to the announcement, NewSurplus will subscribe for 1.303 billion new shares of Bosideng at a price of HK $ 1.19 per share for a total subscription amount of HK $ 1.55 billion. After the subscription is completed, the Subscriber will appoint ITOCHU Representative to act as an Executive Director of Bosideng. ITOCHU Corporation, one of the subscribers, is Japan's third-largest trading company and the first persuasion consortium to belong to Japan's six consortia. The more than 150-year-old company has 150 European and American zapatillas ACAPsoft factory baratas brands in Japan, including companies such as Lanvin, Paul Smith, Converse, LeSportsac and others. In a recent interview with reporters yesterday, ITOCHU Corporation's executive director and chairman of the textile company said in an interview that the Japanese apparel market is now in saturation and wants cheap ACAPsoft shoes air max to seek opportunities in China. 'We have more than 150 brands in Japan and Bosideng has strong channel sales outlets in China and in the future the two companies will cooperate to introduce some of our brands.'
At the same time, he also said that although Bosideng was recently disadvantaged by the industry, resulting in business However, Bosideng's brand awareness and market influence, combined with ITOCHU's diversified industry experience and abundant global resources, will surely complement each other and further enhance Bosideng's market leading position and international competitiveness. High Dekang said the subscription strengthened the Group's financial base and financing capabilities. In addition, Bosideng will also make full use of the proceeds from the subscription to further develop its core businesses and plan to import new brands to strengthen its business beyond the down business. The development of the whole product line According to the information provided by Bosideng, it is the largest manufacturer of down jacket in China, accounting for 40.1% of the domestic market. However, due to the fierce competition in the industry and the influence of 'warm winter', the sales performance of the company which sells down jackets is not very good. Bosideng's first half fiscal 2014 results show that operating income edged up 1.4% to 2.85 billion yuan, net profit ACAPsoft shoes of 253 million yuan, down 22.5%. In the non-down section, Bosideng closed through the store stopped falling revenue over the same period rose 5.1%. However, down jacket business fell 19.2% over the same period last year. Late last month, Bosideng issued a profit warning and expect the Group's revenue and net profit in the down apparel business to have a significant drop over the same period in 2014 for the financial year ended March 31, The Company said that the drop in revenue from down apparel business was mainly due to the unsatisfactory sales in the traditional sales season prior to the Spring Festival this year and the Group's strategy of reducing the production of new goods and cleaning up the inventories as the primary objective of the Group during the financial year Jupiter price due. An industry source told reporters that Bosideng's products are relatively single, even though there are also product extensions, but did not do the brand, its income is still mainly dependent on the down jacket, but now men's, women's, sports and even fast fashion brands are Launched the down jacket, the cake is getting smaller and smaller. '' We will certainly adjust. 'High Dekang told the' First Financial Daily 'yesterday that his plan is within three years, Bosideng currently accounts for about 80% of the overall business down jacket adjusted to 60% or even Below, 'We already have men's and women's wear, and we are currently developing children's wear, which will be available by the end of this year.' Goldcor stated that the best future for the non-down and down feathers is 'May Fool's Day.' In fact, Bosideng has been seeking restructuring. This reporter has learned that the end of March this year, Bosideng's stores in some provinces in the ACAPsoft free 6.0 country, Bosideng women's brand of the same name quietly listed. This is not the first time Bosideng has tried women's clothing. The women's apparel brands currently in operation include the well-known domestic women's brand Jessie (Bosideng owns 70% of the shares) acquired in October 2011 and the Shenzhen Bangbao premium ladies' brand invested in July 2013. These two brands are directly acquired ACAPsoft or controlled, and Bosideng has run its own women's brand Ruiqi. In November 2010, Ruiqi debut at the spring and summer fashion show in 2011, marking the Bosideng Group formally entered the Chinese women's market. However, due to poor performance, last year Ruiqi brand exit. In 2015, Bosideng re-tried again. It is reported that the new women's series includes the spring summer summer autumn and winter products and some products within the ride. Of the 100 stores that currently have women's products, half are Bosideng outlets and half belong to franchisees. Bosideng also has plans in the international market. According to reports, following the steady operation of London flagship store in the United Kingdom, Bosideng will attend this year's Expo in Milan. Its own-brand products will enter eight European countries including Germany, Italy, France and Spain. Statement: The above advantages of mutual sharing of resources sharing Japan ITOCHU shares Bosideng content by the 'China Garment Network Content Department' collected from the Internet, and clearly indicate the source of the source, if you disagree with the ownership of this article, please contact us, Once verified, we will immediately change! page flip
Posts: 83
Joined: Wed Nov 08, 2017 2:50 am

Return to Discussion

Who is online

Users browsing this forum: No registered users and 1 guest