Traditional Clothes Enter A Blind Alley And Set Up A Subsidiary To Seek Breakthroughs.

The company announced recently that the company invested 800 million yuan in cash and set up a wholly owned subsidiary in Tibet District, Tibet, which is the nine Sheng investment limited liability company, which is invested in the stock market and the consulting service related to equity investment.

Wholesale and retail.

Regarding the purpose of setting up a subsidiary company, in the announcement, King Mu said that in the light of the company's present situation and strategic development needs, the subsidiary company should be established to manage the assets and capital operation of the company so as to improve the efficiency of the use of the company's assets and create greater return on investment for the company and shareholders.

Representative business: Sino

In January 13th, he announced that he planned to set up a subsidiary company in Shanghai with 70 million yuan, Shanghai full Lei Technology Development Co., Ltd., through the establishment of a subsidiary company, to take advantage of Shanghai's regional advantages to seek opportunities for the company's industrial development, enrich the company's business areas, expand its competitive edge, and promote the overall coordinated development of the company.

Expert comment: the establishment of subsidiary companies to manage the company's assets and capital operation will help improve the efficiency of the company's assets and create greater return on investment for the company and shareholders.

In 2012, Han Du Yi house bought prime strands. In 2013, Yin man bought the first language, cracked the silk and bought the angel city and LadyAngel. In 2014, both Korean and sham men bought several Amoy brands including Di Kui Na and Qiu Qiu, which further expanded the product line.

Up to now, the concept of Amoy brand has not been as thin as it used to be. Behind the familiar names of Taobao buyers, such as Inman, rip and Han, they are a long bunch of sub brand clusters, though they haven't been able to occupy the foreground as the main brand, but they are the next trump cards of the brands.

Related links:

Of the top 250 of the world's international retail brands, only 37 have entered the Australian market.

Australia is a lucrative market with high incomes and huge demand for high-quality international brand goods.

After seeing this business opportunity, fashion brands such as H&M, Zara and Vitoria secret have entered Australia, and Martha, a big chain store in the UK, is about to enter the market.

Since then, Australian local brands and department stores will face greater competition pressure.

Over the years, Australians have been keen on cross-border online shopping and direct overseas purchases, leaving local retailers with huge revenue losses.

Now, more international brands will make the difficult situation of Australian retailers worse.

In recent years, Australia's local retailers have not had a good time, not only to face low consumer confidence, but also to compete with online retailers.

However, this may be just the beginning of the bitter days of Australian retail industry.

Nowadays, more and more international retailers are planning to enter the Australian market to catch the depreciation of the Australian dollar and the business opportunities that Australian consumers are keen to buy world-class quality products.

DDT's accounting firm's "retail power" report shows that only 37 of the top 250 retailers in the world are operating in Australia, but this seems to be increasing.

We have seen the secrets of H&M, Zara and Vitoria have begun to open up markets in Australia.

Five years ago, the American fashion brand Gap opened a store in Melbourne.

Recently, the famous cosmetics brand, the market has also vigorously expanded the local market.

The arrival of these foreign brands has put pressure on Australian Department stores such as Jones and Maya, which have already been in trouble.

Of course, there are many signs that Australian consumption spending will rise in 2015, such as falling gasoline prices and interest rate cuts, all of which will stimulate consumption in Australia.

These increased consumption will benefit Australian local retailers and other international competitors such as JB Hi-Fi Limited, Super Retail Group Ltd and so on.

DDT accountant said that 85% of the world's top 250 international brands have not yet entered the Australian market, which only means that competition in Australia's domestic market may intensify.