Fast Retailing Intends To Buy British Brand To Build A Global Network Of Brands

< p > recently, a number of media reports in the UK reported that FastRetailingCo.Ltd., the parent company of UNIQLO, had locked the target of its acquisition in British lifestyle CathKidston (Cathy Kistown).

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< p > for this rumor, fast selling is still a consistent attitude and no comment is made.

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< p > in the view of the industry, based on the consideration of the layout of the a href= "http://www.91se91.com/news/index_c.asp" and the terminal network < /a >, the fast track acquisition strategy is also aimed at promoting the steady implementation of the globalization strategy in the European and American markets.

However, compared with the Chinese market, the challenge of fast selling to Europe and the United States will be relatively more.

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< p > it is reported that after withdrawing the J.CrewGroupInc. of the US high street apparel retailer, the Xun group has quickly pferred the acquisition target to the British lifestyle brand CathKidston, known for its retro printing pattern.

According to the Sunday times, the fast retailing company is negotiating a takeover deal with CathKidston, a British consumer goods brand. The purchase price is estimated at around 250 million pounds.

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< p > it is learnt that in addition to the fast selling group, LCapital, the largest private equity fund of the world's largest a href= "http://www.91se91.com/news/index_c.asp", luxury /a group, MOET & CHANDON Hennessy LV group, is also participating in the negotiation.

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< p > reporters learned that CathKidston has 61 stores in the British market, while 75 overseas branches are distributed in 12 countries and regions, such as France, Spain, Japan, Korea, Singapore and China.

In the fiscal year ended March 31, 2013, its sales amounted to 105 million pounds, an annual growth of 19%, and the profit before interest and tax depreciation and amortization was 21 million, up 13% over the same period last year.

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< p > for the acquisition of rumors, < a href= "http://www.91se91.com/news/index_c.asp" > fast marketing group < /a > China told reporters that the company did not comment on the content of the rumor.

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Shao Ligang, general manager of P nine, thinks that compared with the Chinese market, the market in Britain is not very big, and the consumption market of clothing is much smaller. "From the perspective of fast selling, if we spend money on the UK, it is not for the market, but at least not for the British market".

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< p > Shao Ligang pointed out that if the acquisition intention exists, one possibility is that fast selling is going to the global network of the brand.

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< p > recently, the fast retailing store in Paris is scheduled to open on the 25 th of this month.

In an interview, the head of fast marketing said the group hoped that the development of UNIQLO in the European market would be comparable to that in the US market.

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< p > in Shao Ligang's view, there will be more challenges for fast selling to the European and American markets than the Chinese market.

It is not ruled out that it is a gesture to enter these markets. In the process of globalization, it is also possible to have a share in Europe.

"The European community has decided that the consumer market is much smaller than China. Instead of doing so, it is better to make China and India bigger and stronger."

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