Vente-Privee Is Buying Acquisitions.

Although the electricity supplier in recent years is a very popular business mode, its profitability can not be underestimated. The report from the research institute also fully illustrates the future development prospects of the electricity supplier. However, for the electricity supplier industry, how to integrate is more conducive to the layout, which is a problem.

Recently, French fashion supplier Vente-privee bought Privalia, a Spanish partner who is also a fashion supplier.

Europe

The field has begun the stage of integration and re layout, and the global fashion business has begun to integrate resources and optimize resources more or less through mergers and acquisitions, and so on. In order to adapt to the current downturn in the economic environment, fashion providers pay more attention to the way of expansion.

Not long ago, Alibaba's acquisition of Southeast Asian fashion business also showed this trend.

It is reported that this time

The paction price is 500 million euros after completion of the acquisition.

It will remain independent, and Vente-privee will provide business consulting so that Privalia can expand rapidly in the European continent.

At the same time, Vente-privee also believes that if we want to succeed in the European fashion business, we must cultivate localized brands instead of copying the business models of other regions.

Group CEO said the acquisition was part of the group's overall strategy.