Looking At The Current Situation And Future Development Trend Of Domestic Garment Industry From M & A Events In 2015

2015 is a big year of mergers and acquisitions. In view of the global market, many record breaking acquisitions are taking place.

In the domestic market, the merger and acquisition of strong and strong joint ventures represented by IT industry is also continuous.

Against this background, China

What are the M & A events in the industry? It took inventory of the 25 major domestic garment markets in 2015.

From this, we can get a glimpse of the current situation of the development of the domestic garment industry and the future development trend of the industry.

Taking a look at the merger and acquisition events of the domestic garment industry in 2015, we can find that the diversification trend of the garment industry is more than just, and is now in the rising stage of the mixed mergers and acquisitions. Cross border diversification strategy has become a routine means for the clothing enterprises to maintain growth.

Meanwhile, horizontal mergers and acquisitions in the industry are also catching up.

M & A integration and construction of multi brand comprehensive group is the main way for garment enterprises to become bigger and bigger.

The market scope of mergers and acquisitions is further expanding, and more cross-border M & A events are taking place.

He intends to buy Internet startups 11 billion

Hinur announced a major asset restructuring plan in the evening of December 27th. The company intends to purchase 100% stake in Xinghe interconnected holding (Kashi) Limited company of Xinghe and other 20 trading objects by issuing shares and paying cash in Beijing, and the paction price is 11 billion yuan.

Among them, 7 billion 89 million yuan is paid in the form of shares and 3 billion 911 million yuan in cash.

Statistics show that Xinghe interconnection is located in the "Internet business platform". Its business mode mainly revolves around the creation of Internet Co, including the creation of models, team matching, company establishment, professional management and technical services.

Hinur said in the announcement that after the completion of the paction, the company will pform from traditional business to traditional business and Internet + parallel pformation.

Cao Qifeng family bought majority stake in American fashion brand Thakoon

2015 12, 12, according to media reports, Cao Qifeng's daughter Vivian Chou established Bright Fame Fashion company to complete the acquisition of the American fashion brand Thakoon Panichgul, but the purchase price has not been announced.

Thakoon is said to be the first acquisition of the company.

Founded in 2004, Thakoon brand is a young New York fashion brand.

According to the US website WWD, as part of the paction, Thakoon Corp, the founder of Thakoon Corp and the designer of American Thai women's wear, will retain the position of chief creative director.

Biography LVMH will buy GXG 70% stake with us $130 million

In December 3, 2015, according to media reports, there was news that LVMH group's private equity L Capital Asia was looking for a loan of US $130 million (about 832 million yuan), which would be mainly used to acquire GXG 70% stake.

It is understood that L Capital Asia financing acquisition of GXG 70% equity, the management team will retain the remaining 30% stake.

The average duration of the loan is 3.58 years.

It is said that GXG has more than 1000 stores and online platforms in China, and its competitors are mainly men's clothing brands such as Pacific bird and CABBEEN.

GXG had a deal with Semir in 2013, when Semir estimated to buy 71% stake in GXG's parent company at a price of 1 billion 980 million to 2 billion 260 million yuan.

But this acquisition project failed to reach the final conclusion.

Li Biao brand denounced more than HK $1 billion to acquire hosiery brand PS Brands

According to the November 6th announcement of Li Biao brand, its Affiliated Companies has acquired most of the assets of PS Brands. LLC. The cash price is about $33 million 600 thousand (about HK $262 million 100 thousand) and the initial amount is determined to be no more than US $96 million 400 thousand (about HK $759 million 100 thousand).

In any case, the total cost of the acquisition will not exceed $130 million (about HK $1 billion 14 million).

PS Brands operates "Planet Sox" business, and has many categories of empowerment and its own brands including socks, tights, baby shoes and related accessories.

Its authorized brand portfolio includes Disney, Nickelodeon, Hasbro, Fila, Head Sport, Kate Spade, Nanette Lapore and Kensie.

The brand said the acquisition would enable the group to become a leading company in the North American authorized hosiery market, speeding up group licensing and the growth of the brand platform.

Mobile Group intends to buy oil station operators 215 million yuan

The motion group issued a notice in November 5th that it concluded a purchase agreement with the seller (Supreme Trillion Investment Limited). Accordingly, the buyer agreed to agree to acquire a 100% stake in Target Corp Peak Business Asia Limited at a cost of 215 million yuan, which will be paid by the company through the issue of acceptance notes.

The target group is mainly engaged in operating oil stations in China.

The mobile group, which manufactures and sells casual footwear, clothing and related accessories business, believes that the acquisition provides an opportunity for them to enter the energy sector, and is expected to benefit from a diversified source of revenue.

It is worth mentioning that the dynamic group changed its Chinese short name to "Zhong Neng International Holdings" in December 18th.

Mei Sheng Culture intends to collect 930 million hand tour service providers, real interest network 100% stake

Mei Sheng Culture announced in the evening of November 3rd, the proposed non-public offering does not exceed 90 million shares, and the total amount of fund-raising is not more than 3 billion 30 million yuan.

Among them, 2 billion 100 million yuan invested in the IP cultural ecological circle project, and 930 million yuan was used to acquire 100% stake in the real interest network.

The actual controller of the company will subscribe no less than 1 billion yuan.

The acquisition of the real interest network is mainly engaged in light game service platform business and mobile advertising precise delivery platform business, Maison Culture said that the acquisition will help further improve the company's cultural ecology content distribution and operation links.

100 billion denounced nearly HK $1 billion 200 million to acquire UK toy store brand Hamleys

In October 29th, it released the full implementation of the acquisition of Ludendo Enterprises UK Limited, with a cash price of 100 million pounds (about HK $1 billion 190 million), which will be paid by external financing of internal resources and bank commitments.

Ludendo Enterprises UK is engaged in retail business with the world-famous high-end toy brand "Hamleys".

It is one of China's top and middle grade women's shoes retail group. It has four private brands, namely, 100, ASH, JC, UnitedNude and FrenchConnection.

After the paction is completed, Hamleys will be introduced into the Chinese market.

CITIC Capital completes the acquisition of Akakura, a Japanese shoe company

In October 20th, CITIC Capital Holdings Limited announced that its CITIC Capital Partners Japan (CCP), Japan's private equity fund, completed the acquisition of Akakura, a Japanese shoe company.

CITIC Capital said in its announcement that Akakura is a Japanese company engaged in the design and retail of women's shoes. There are 60 direct outlets in Japan.

Akakura, which has a history of more than 60 years, is closely related to shoe wholesalers and market developers. At present, it is faced with the need to enhance business operation and market expansion. After CITIC Capital acquisition, it will embark on the formulation and implementation of the revitalization plan.

After the acquisition, 60 Akakura stores will continue to operate in the hope of further development in the next few years.

CITIC Capital will help Akakura expand the Chinese market, attract rising middle class consumers, seize the opportunity to continue the growth of travel to Japan, and strengthen the supply chain management of Akakura.

In May 2015, CITIC Capital bought another Japanese women's clothing company MARK STYLER.

This is the second Japanese clothing brand purchased by CITIC Capital in 2015, both of which are women's clothing brands.

South China Morning Post buys fashion e-commerce website MyDress.com

The South China Morning Post Group announced in October 19th that wholly-owned subsidiary Affleck agreed to acquire MyDress's existing 31% stake in MyDress AME Group Limited and subscribe to MyDress's 37.18% additional equity and convertible notes.

When the paction is completed, Affleck and MyDress AME will own MyDress by 56.65% and 43.35% respectively.

MyDress's main business is the e-commerce business of apparel and accessories retail through website MyDress.com and other websites.

The South China Morning Post said it will continue to develop its digital business. The paction will enhance the layout of the Internet and help the attractive Hongkong e-commerce market to take a firm step.

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Baofeng fashion claims HK $2 billion 200 million acquisition of graphene new patent technology

Hong Kong stock, Baofeng fashion, announced in October 14th that it had acquired some technical knowledge of graphene from independent third party blue stone technology, with a maximum cost of 1 billion 800 million yuan (about HK $2 billion 196 million), including 2 billion 11 million yuan in cash, and 185 million yuan three year zero interest convertible bonds.

It covers ten patents and patent applications for the acquisition of assets, including the production of graphene EVA foams (which can be used to produce various products, such as footwear, travel bags and backpacks, toys and sporting goods), graphene deodorant sterilization chips and graphene pressure sensors.

Baofeng fashion is a large domestic slipper supplier. It mainly designs and produces slippers for OEM customers, as well as the sale of its own brand slippers.

The acquisition is the company's intention to focus on graphene EVA foaming material business, and it is expected that the business will become the main business segment of the group.

Ge Li Si reclaims 11 million 180 thousand euros to buy high-end European women's clothing brand Laur L

In September 8, 2015, the company announced that it had acquired a 100% stake in Dongming international investment (Hongkong) Limited, with a total paction price of 11 million 180 thousand euros (about 84 million 60 thousand yuan).

The company's main asset is the ownership and use right of all LAUR Laur l trademarks registered and registered in mainland China by the company of L GMBH.

After the paction is completed, the company will substantially buy Laur L's mainland business, and will also have Laur L's preferential right in other parts of the world, thereby forming a global strategic cooperative relationship.

"Laur L" brand positioning international high-end women's clothing, was founded in 1978 in Munich, was originally one of the three famous luxury brands in Germany ESCADA's brand.

Kaiser shares intends to buy 1 billion 200 million game companies

Kaiser shares issued a restructuring plan in the evening of September 6th. The company intends to acquire 100% stake in sky Jia Jia by issuing shares and paying cash. The company intends to issue 45 million 562 thousand and 500 shares in public and pay 486 million yuan in cash at the price of 16 yuan / share, with a total price of 1 billion 215 million yuan to acquire 100% stake in sky Jia Jia.

At the same time, the matching funds are not more than 621 million yuan, among which Kaiser group, the controlling shareholder of the company, promises to subscribe no less than 20%.

The announcement shows that the sky Jia Jia was founded in July 2008, and its main business is the development and operation of mobile network games. Currently, the online game products mainly include "new Legend of Sword and Fairy 3D", "purification", "constellation goddess", "plant vs. zombie OL" and so on.

The stock company of Korea has bought wholly Korean baby pad enterprises.

In the evening of September 23rd announcement, the company was the first largest shareholder to share with the Korean listed company aka bang. It was approved by the board of aka state board on September 22. Akkban signed a takeover agreement with three shareholders of Designskin Co. and Ltd.. It intends to purchase Designskin Co., Ltd.'s 100% stake with its own cash of 6 billion 600 million won (about 35 million 640 thousand yuan).

According to the announcement, Designskin Co., Ltd. is a Korean infant pad business, registered capital of 100 million won, was founded in 2007, star products are multi-purpose children's home mat made of environmentally-friendly materials, the current market share in Korea is 10%.

In the 2012-2014 years, the net profit of the company was 6 million 910 thousand yuan, 2 million 750 thousand yuan and 2 million 480 thousand yuan respectively.

2345 we intend to acquire wholly-owned JT securities with the Red Dragonfly Group.

2345 in the evening of August 27th, it announced that the company intends to join the Zhejiang Red Dragonfly shoe Limited by Share Ltd in the form of consortium to compete for the 100% stake in JT securities limited liability company.

Among them, 2345 of the proportion of shares to be invested in the target market is 50%, and the ratio of Red Dragonfly intends to invest in the underlying shares is 50%.

Statistics show that the current shareholders of JT securities are CITIC Securities, CITIC Securities holds 100% of JT securities, and the consortium formed by both sides will temporarily quote the quoted price of 122 million 121 thousand and 200 yuan.

Vigna S 135 million yuan acquisition of Yun brook Research Institute

Vigna S announced in the evening of July 20th that the company will purchase 100% of Limited by Share Ltd's Nanjing brocade Research Institute with its own capital of 135 million yuan.

Trading targets have been engaged in R & D, production and sales of Nanjing brocade for many years.

Vigna S said that after the completion of the paction, the company will integrate its business experience and promote the combination of Nanjing brocade and modern fashion through business integration.

Card slave road acquisition of Italy fashion brand Dirk Bikkembergs 51% shares

In July 17, 2015, Guangzhou issued a notice on the acquisition of LEVITAS S.P.A. 51% equity and the Dirk Bikkrgs brand authorization agreement in Italy, and completed the acquisition of 51% shares of Italy fashion brand Dirk Bikkembergs company.

The purchase price of LEVITAS 51% shares is 40 million 680 thousand euros.

LEVITAS is located in Italy, and is engaged in the design, brand promotion and authorization of DB (Dirk Bikkembergs) brand. The DB brand was founded in 1985 by the Belgian designer Dirk Bikkembergs Leon of German origin. The football elements run through all kinds of products, and it is a fashion sports brand.

20 million to invest in Spanish football brokerage company

In July 6th, Hongkong announced its announcement. In July 4th, the wholly-owned subsidiary of the company, Piramagen, S.L., 11MAC11, S.L. and The Best Of You Sports, S.A, signed an investment agreement in Hongkong. It intends to invest in the The S.A, and the amount of investment is not more than 20 million euros.

BOY is a company founded under Spanish law and mainly engaged in football brokerage business.

Before the capital increase, 11MAC11 held BOY33.33% shares, and Piramagen held 66.67 of the shares. After the increase of BOY in Hongkong, the BOY can complete the pre tax profit (i.e. the lowest pre tax profit margin of 1 million 350 thousand euros in 2015, the pre tax profit margin of 2 million 700 thousand euros in 2016, and the pre tax profit margin of 11 million euros from 2017 to 2018). The shareholding ratio of all parties is Piramagen: 37.3666%, 11MAC11:18.6833% and Hongkong: 43.950%, if the BOY fails to complete the pre tax profit threshold, the company will get more shares.

AOKANG international 480 million invest in Lanting Pavilion, becoming the largest shareholder in Lanting Pavilion.

AOKANG International announced on June 10th evening that the company signed a share purchase agreement with the electronic commerce company Lanting Pavilion. It will grant 24553810 shares of Lanting Pavilion potential stock by setting up a wholly foreign owned subsidiary AOKANG International (Hongkong) Limited at the price of $6.3 per share of the US depositary shares, which accounts for 25.66% of the common stock issued by Lanting Pavilion, and will become the largest shareholder in the general assembly. The total paction price will be equivalent to 480 million yuan.

Statistics show that the Lanting Pavilion is a global cross border e-commerce enterprise, and is currently the number one foreign trade sales website in China.

AOKANG International said in its announcement that it chose Lanting Pavilion as its strategic partner and aimed to build the traditional industry's "Internet +" strategy with the resources advantages of both sides in the traditional industries and the Internet, so as to enhance the overall competitiveness of the company.

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La Natsu Bell invested 75 million yuan in Jack Walker, holding about 69.12% stake.

La Natsu Bell issued a notice in May 28th. According to the investment agreement signed by the company, Jack Walker, Mr. Liu and Shanghai Cheng Mao in May 28, 2015, the company agreed to inject 75 million yuan into Jack Walker, including 11 million 190 thousand yuan in capital injection to increase Jack Walker's registered capital and the remaining capital injection to increase the capital accumulation of Jack Walker.

After the injection is completed, the company will directly hold about 69.12% stake in Jack stock.

Jack Walker is mainly engaged in the design, promotion and sale of men's clothing products in China.

CITIC Capital acquired Japanese apparel company MARK STYLER

CITIC Capital Holdings Limited said in May 5th that it had completed the acquisition of MARK STYLER, a Japanese apparel company.

MARK STYLER was founded in 2005. The main brand is women's clothing design, production and retail. Its brands include MERCURYDUO, EMODA, dazzlin, MURUA and Ungrid. There are more than 170 Direct stores in large shopping plaza in Japan, and it also manages RUNWAY Channel for fashion business platform.

CITIC Capital said that CITIC Capital will continue to increase investment in consumer goods and services in the light of the growth of consumption in the mainland, the growth of the middle class and the rapid growth of visitors to Japan.

China moves together with Chairman to buy us yacht business.

On May 4th, according to media reports, China announced that it would enter into partnership agreement with Chairman Chen Yihong and the independent third party Mengfa to enter into shareholder agreement Boundary Bay to acquire 100% partnership interests of owners and operators of yacht docks in Washington state. The three parties will contribute 15 million 950 thousand, 10 million 150 thousand and 2 million 900 thousand US dollars respectively, accounting for 55%, 35% and 10% of the total issued capital of Boundary Bay respectively.

China's move indicates that the establishment of Boundary Bay is for the acquisition of Target Corp and the further development of sports tourism business. It is believed that the acquisition will play a synergistic role in the main business of the group.

Kaiser shares intends to acquire 100% of magic technology 540 million

Kaiser shares April 30th afternoon announcement, the company intends to own funds 540 million yuan acquisition of Hangzhou magic Wen Technology Co., Ltd. 100% stake.

Magic technology is the domestic IP (intellectual property) operation service company, mainly relying on mobile Internet and high-quality copyright, mainly covering literature, games, film and television, animation and other businesses.

As of December 31, 2014, the total assets of illusory technology had not been audited, 31 million 227 thousand and 500 yuan, net assets of 22 million 917 thousand and 600 yuan, operating income of 2014 yuan in the 2014 year, and net profit of 5 million 319 thousand and 100 yuan.

In Kaiser's 2014 annual performance briefing, the company said that in the acquisition of projects, the video, IP, game related industry chain companies.

Pathfinder buys 74.56% stake in Yi you world, plus tourism industry

Pathfinder announced in the evening of March 18th that the company intends to sign an investment agreement with Yi You World Travel Service (Beijing) Co., Ltd. in order to get 74.56% of the world's equity after the investment.

Among them, the original shareholders of Yi hang share the total pfer of 61.84% of the shares, the total pfer price is 131 million yuan, and within two months after the completion of the pferee matters, the Pathfinder will add another 100 million yuan to Yi you world.

Data show that the easy travel world was founded in December 2007, is a travel oriented O2O integrated service provider.

It is reported that this investment is a new layout of the outdoor travel business after the explorer's participation in Singapore Asia travel, holding the green field and the beauty.

City beauty denounced 92 million yuan to buy Shanghai Ordifen

The city beauty announced in March 1st that the indirect wholly-owned Affiliated Companies Tianjin Ordifen concluded an asset pfer agreement with Shanghai Ordifen, Mr. Wang Wenzong and Mr. Wang Zhenxing. Accordingly, Tianjin Ordifen agreed to acquire the design, research, development, sale and manufacturing business of the brand intimate clothing products owned by the seller, including, but not limited to, Ordifen, ruby and Exia brand and several assets related to the business. The purchase price of 92,00 million yuan (about HK $113 million) will be appropriated from the net proceeds from the offering.

Shanghai Ordifen is a China based garment retailer and manufacturer specializing in high-end market.

La Natsu Bell denounced RMB 200 million yuan to acquire seven grid 54% shares

La Natsu Bell announced in February 13th that the company will enter into a share pfer agreement and a capital increase agreement with the online clothing retailer Hangzhou Agel Ecommerce Ltd, which is the main brand of the company, its main brand is women's clothing brand seven. It will buy about seven of the seven registered capital with a total cost of 135 million yuan.

Following the signing of the equity pfer agreement, La Natsu Bell Fang will inject $65 million into the seven grid. After the completion of the paction, La Natsu Bell will hold a seven stake of 54.05%.

La Natsu Bell said that the acquisition and injection of funds for the group adhering to the development of its own clothing brand online operation platform strategy.