How To Deal With Hundreds Of Round Pants Industry With Huge Amounts Of Electricity Suppliers?

< p > here world < a target= "_blank" href= "http://www.91se91.com/" > dress < /a > a target= "_blank" href= "_blank".

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< p > electronic commerce has become the common choice of traditional shoes and clothing brands to break through.

A hundred days' suspension of the hundred circle trousers industry announced that it would buy 1 billion 32 million of the 100% stake in Shenzhen world wide Tesco Agel Ecommerce Ltd (hereinafter referred to as "global easy purchase").

However, unlike other brands that only open up online channels, the purchase of the 100 round pants industry is not clear. It is considered by the industry to be a capital operation by electricity providers. At the same time, the purchase price of 1 billion yuan is also questioned because of its high price.

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< p > < strong > premium eight times acquisition < /strong > < /p >

< p > hundred round pants industry restructuring plan shows that the valuation of the global equity purchase 100% stake is 1 billion 45 million yuan, the appreciation rate is as high as 796.98%, and the premium is nearly 8 times.

The two sides agreed that the paction price would be 1 billion 32 million yuan.

< a href= "http://www.91se91.com/news/index_c.asp" > 100 round pants industry < /a > will pay 972 million yuan for stock consideration and 60 million yuan for cash.

After the completion of the paction, Xu Jiadong, one of the founders of Tesco, owns 61.34% of global Tesco, holding over 20% of the 100 round pants industry.

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< p > data show that global Tesco is a cross border export retail business in China. Currently, it has a number of self built professional category vertical B2C business platform represented by the clothing platform Sammydress and 3C electronic product platform Everbuying, and also opens flagship stores on Amazon and eBay platforms.

Global Tesco mainly operates in buyout mode, directly facing overseas terminal consumers. The main source of profit is product sales revenue.

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< p > < strong > business is hard to borrow. < /strong > /p >

< p > 100 round pants industry said that after the completion of the reorganization, the company can directly use the platform resources and user resources of universal Tesco to carry out its cross-border online business.

However, it is worth noting that there is a clear difference between the target consumer groups of the hundred round pants industry and global Tesco. The former is committed to the 25-55 year old middle income young people, and the latter's main customers are young groups with Internet consumption concept, and it is difficult to form a resultant force.

Whether the acquisition can be done by the 100 round trousers industry is still to be observed.

Moreover, there is already a subsidiary holding company called Shanghai wind exchange Agel Ecommerce Ltd, which has set foot in the electricity supplier business.

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< p > there is observer analysis, the two businesses in the cross and complementary are not obvious, the acquisition of universal Tesco may be otherwise.

"Hundred circle brand has no bright eye in trousers industry."

A senior retail brand personage thinks, 100 yuan wants to exert power business chance is not big.

Since 2012, almost all shoes and clothing brands have been involved in the weak period. BELLE, Smith Barney, Semir and other domestic shoes and clothing brands all use e-commerce as a way to break through, but there is no precedent for directly entering cross-border electricity suppliers.

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< p > < strong > valuations are significantly higher than < /strong > /p >

< p > data show that the global revenue and purchase capacity has been relatively good for more than two years. In 2012, 2013 and 2014 1-3, the operating income was 198 million yuan, 466 million yuan and 201 million yuan respectively, with net profit of 13 million 910 thousand and 400 yuan, 30 million 146 thousand and 100 yuan and 11 million 635 thousand and 400 yuan respectively.

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< p > despite the brilliant performance, the purchase price of 1 billion yuan is still regarded as high.

Statistics show that cross border a href= "http://www.91se91.com/news/index_s.asp" > electricity supplier < /a > the first share of Lanting Pavilion's potential revenue in 2012 was 200 million US dollars. In 2013, the income was $290 million, valued at about 465 million US dollars, or less than 3 billion yuan.

Judging from the performance, the global Tesco's revenue capability is only 1/4 of Lanting Pavilion's potential, but its profitability is still in a downward trend, but its valuation has reached more than 35% of Lanting Pavilion's potential.

The 100 yuan trousers industry's revenue in 2013 was 446 million yuan, down 8.05% from the same period last year, and net profit was 31 million 490 thousand and 700 yuan, down 39.86% compared to the same period last year.

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