American Luxury Brand Coach Shoe Brand Stuart Weitzman

The US luxury brand Coach has recently participated in bidding for Stuart Weitzman, a high-end shoe brand, with a brand valuation of 600 million to 700 million dollars. The results of the bid are expected to be announced in mid December of this year.

According to the financial times, Coach's competitors include Brown Shoe Company, an American footwear manufacturer, and at least one private equity firm. The bidders offer more than ten times the company's profit before depreciation and amortization (EBITDA).

Due to Michael Kors, Tory Burch and Kate Spade, etc. Light luxury brand The rise of Coach has declined in the current year and its profits have declined. Price of stock It also fell by 38%. To enhance its performance, the company announced in June this year that it will carry out business restructuring, including the expansion of shoe business.

At the end of 2013, Coach has opened footwear areas in some stores. If the bidding for Stuart Weitzman is successful, it will help Coach expand its footwear products line and develop into a real lifestyle brand.

at present Stuart Weitzman The controlling shareholder is Sycamore Partners, a private equity firm. Sycamore Partners bought Jones Group Inc., an american apparel manufacturer with Stuart Weitzman for $2 billion 200 million this year. After the end of the transaction, Sycamore has said it will separate the Stuart Weitzman business separately.

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AQSIQ recently issued a warning notice that Egypt will implement new measures from January 1, 2015, requiring imported products to comply with Egyptian standards. Products that do not conform to Egyptian standards will be prohibited from entering or even returned, without indicating that the inspection certificate of the Egyptian standard number will not be cleared.

The reporter learned from the Foshan inspection and quarantine bureau that Foshan is the main export base for the export of ceramic tiles to Egypt. According to incomplete statistics, the export amount of ceramic bricks exported to Egypt in 2014 will exceed US $40 million, involving more than 100 ceramic tile manufacturers.

Foshan inspection and Quarantine Bureau recommends that the vast majority of trade companies and manufacturing enterprises involved in the export of ceramic products to Egypt should collect the Egyptian standards for their export products as soon as possible, consult the requirements of the Egyptian importers in detail, and timely contact the inspection and quarantine departments in the face of new problems. Two, we must strictly cooperate with the inspection and quarantine work in strict accordance with the new requirements of inspection and certification in Egypt, so as to avoid economic losses and ensure the smooth passage of goods exported to Egypt.