It Is Possible To Buy Some Shares In Fraser Department Store.

House of Fraser Fraser department store

Mainland China listed in Hongkong

C.banner International Holdings Ltd. (01028.HK) thousand degrees last week said it was seeking cooperation with House of Fraser Limited Fraser department store, and a potential cooperation agreement might include acquiring part of the Highland Group part of the British department store parent company.

On the 18 day of the announcement, it announced that the British Toy retailer Hamleys, which was acquired last year, will hold consultations with the House of Fraser Group Limited in Nanjing, China, on the first flagship store opened in mainland China in September.

East Fred department store will be

Provide Hamleys flagship store, provide management services, and charge royalty as a reward.

In 2015, Hamleys got the purchase of three cell group and 1000 degrees. Finally, it won the Ludendo Enterprises UK Ltd. of the British Toy retailer Hamleys parent company at 100 million pounds.

This time, two Chinese local companies that bought British companies want to take the UK.

At the same time, the company will take part in cooperation with China. It is possible that strategic cooperation will lead to a partial acquisition of Highland Group by Nanjing new 100, but no agreement has been signed between the two sides.

According to the latest Highland Group, the company's total volume of pactions in January 31, 2016 was 1 billion 312 million 400 thousand pounds, up 3.1%, the turnover rose by 5.3% to 826 million 600 thousand a year, and pre tax profits were also lost at 1 million 300 thousand pounds, while 2014/2015 lost 1 million 600 thousand pounds.

The cooperation with Nanjing Xin Bai group, in addition to its main brand Hamleys cooperation, will expand more possibilities for cooperation, including the Highland Group retail platform to enhance the sales potential of the company.

The company is headquartered in Nanjing, and now has four independent brands, including Naturalizer, ASH, JC Collezione and United Nude, with its own brands, including 1000, Iraqi partners, sun dance and Mio.

According to the data, the Group recorded an increase of 8.5% to 3 billion 45 million 800 thousand yuan in 2015, and net profit increased by 6.3% to 25 million 749 thousand and 200 yuan.