Indochino Began Investing In Canada.

Although we said earlier that Sandro was in Shandong, China, or may have no hope for its parent company to launch the IPO plan.

But recently, a Chinese brand is still giving us a boost.

That's the creation of Da Yang.

Indochino has recently invested in Canadian clothing company.

It is reported that

The investment is worth 30 million US dollars (about 195 million yuan).

I believe that many people do not know about the clothing business of Dayang, but they are well known by investors because of business and

A part of the origin.

In 2009, when the creation of Da Yang was 30th anniversary, American tycoon Warren Buffett recorded a video for Dayang as a celebration.

In the video, he praised the "creation" suit, which attracted the attention of the industry.

The enterprise, founded in 1979, was listed on the Shanghai stock exchange in 2000. It exports 6 million suits a year, making the first volume of the national suit export.

In the last fiscal year, Dayang's business income was 908 million yuan, down 1.17% compared to the same period last year, but its brand business revenue was 147 million yuan, an increase of 7.65%, but its export business was down 2.39%.

Therefore, this investment is expected to expand the presence of enterprises in the North American market.

Because of the planning of major events, the creation of Da Yang has been suspended since January 5th, but the total market value is still 4 billion 146 million yuan.