Bestseller Fashion: A Letter Is Sent To The Shopping Mall For Rent Relief.

It was learned that the Tianjin Fashion Co., Ltd. issued a letter to the shopping malls on its 4 day to the shopping malls on the request to reduce the rent. The letter indicated that the new crown pneumonia is an unforeseeable and unavoidable force majeure event. It is hoped that the mall will be able to reduce the rent of its brand ONLY, VEROMODA (demand area: 100-200 square meters, 586 shopping centers, 50 planned for this year), the jack and SELECTED and SELECTED during the disaster response period.

In a letter, the fashion label said that during the epidemic period, the fashionable clothing was seriously damaged. Besides the huge labor costs, material costs and energy costs, it also paid a high rent. According to the 117th provision of the contract law of the state, "if a force majeure fails to perform the contract, it shall be partially or totally exempt from liability under the influence of force majeure, except otherwise provided by law." Force majeure shall not be waiver after delay in performance.

In view of the above, the silk fashion offers the hope that the mall can reduce the rent and apply the following plan:

1, reduce the rent from 2020.1.24 to 3.31, including full rent (including but not limited to fixed rent or rent, property management fee and promotion fee).

2, if the epidemic is not effectively controlled in 2020.3.31, please continue to reduce the full rent during the 2020.4.1-5.31 period.

3, if the 2020.3.31 epidemic is under control, the market also needs a warmer cycle. Therefore, during the 2020.4.1-5.31 period, only half price fixed rent, property management fee and promotion fee should be paid.

In a letter, the fashion designer pointed out that we hope that the mall can give a reply within a week. As of today (February 11th), we have been in the past week.