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Spend 1 Million 360 Thousand Of The Birds On Shanghai's 19% Stake In Europe

2011/1/14 8:58:00 91

1 Million 360 Thousand Stake In Shanghai19% Stake In Europe


In January 13th,

Wedding bird

Announced that the company intends to purchase the total price of 1 million 362 thousand and 900 yuan

Famous European costumes

472 thousand share ownership

Famous European costumes

19% of the total share capital.

  


Information shows that

Famous European costumes

The loss in 2009 was about 9 million 611 thousand and 300, and it was only profitable in 2010.

However, prompting

Wedding bird

The main reason for acquiring the company is the recognition of its brand influence.

The company said

Famous European costumes

Operated

Franz stone brand

belong to

Men's fashion leisure

In the field, the capacity of the segmented market has increased rapidly and has great potential.

although

Famous European costumes

It was not until 2010 that it began to make profits. But after several years of operation, the famous European clothing has certain brand influence. Especially with the expansion of sales scale, the profitability of the channel will gradually increase, and in the long run, it will form a new profit growth point for the company.

  


It is understood that

Wedding bird

In November 2010 and December, it invested 15 million 300 thousand of its own capital in the investment of the company and the company.

Yale fashion

It accounts for 51% of the registered capital after the capital increase.

At this point, the company has realized the strategy of multi brand and international development of apparel business, forming a formal dress.

Wedding bird, casual wear

Of

Saint James

,

Sportswear, Bylot, foreign brands, Yale and flanz, the famous European flag.

And other brands.

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