Jeudi 28 avril 2011

Belle M & A is intended to control the channels of the upstream end the era of integration

In August to spend 3.800 million yuan acquisition of Fila, 10 月 6 billion after the acquisition of Millie, Belle Group, shot twice in recent days, China spent about 2.2 billion annexation of the famous brand of Jiangsu Senda Footwear. This is Belle International has been listed since May of this year's third acquisition in the industry. Prior to this, Senda has had the title of king of men's shoes, the brand for decades painstakingly changed the flag overnight, Senda assets Jingui all channels and Belle, while the title is known as the king of shoes Belle finally completed a two-pronged approach. Through this acquisition, Belle not only increase the distribution in the domestic footwear industry, but also become the leader in men's shoes. At the same time, the Chinese footwear marketThe surface calm, which began troubled. Insiders predicted that, Belle's ambitions do not only shoes of the king, the king of shoes is more to be done. This will enable resources to the advantage of footwear enterprises are concentrated. National shoe will be in 3 to 5 years to achieve large-scale reshuffle.

May 23 this year, Belle International Holdings Limited listed in Hong Kong. On this day, according to the day's closing price, its total market capitalization of 670 billion Hong Kong dollars, far exceeding the market value of 38.0 billion Hong Kong dollars of Gome, has become one of mainland retail market value of the king of the HKEx.
1981 Belle International founder and Chairman of the Board Lihua Tang Yao Shoe Company was founded in Shenzhen since the BelleFortune from the manufacture of footwear, from retail channel force, and gradually extended up to the brand, along the way for 16 years, Belle out of the profit of China's traditional manufacturing difficulties, a new breed of manufacturing representatives.
In fact, the company started, Belle chairman Tang Yiu, CEO Sheng Baijiao to the brand to have a strong sense. They think that a good price to sell shoes, must have a good brand. This brand awareness throughout the entire development process of Belle, from the outset, let it deliberately out of OEM manufacturing line, the starting point with the brand bedding. Since 2000, Belle began to develop multi-brand strategy, then release the brand moreMore. Belle International has now Belle, Teenmix, STACCATO, he she (TATA), cutting extension, Jipijapa other six own-brand and really beautiful poetry and Bata license to use these two brands. In addition, Belle International is also Nike, Adidas, Reebok, Puma, Kappa, Mizuno, Levis and other sports apparel brand distributors. According to the China Industrial Information Release Center (CIIIC) compiled statistics, sales revenue, Belle for 10 years to become the first Chinese women's shoe brand. Women's shoes in the last year sales of the top 10 in Belle's Belle International, Teenmix, STACCATO, he would take her 4 seats, of which Belle was ranked first.
May 2The 3rd is also a watershed, it changed the history of the Chinese footwear industry. Aokang Group President Wang Zhentao everyone they said. Belle International listed on the HKEx to stimulate the domestic footwear enterprises in almost all the nerve.
Wenzhou shoe enterprises has never began to loose the stubborn market, Wang Zhentao will soon contact his delineation of more than 20 investment banks in five. With red dragonfly in Wenzhou Qian Jinbo Group Company Ltd., said, Belle is a red dragonfly learning objects. September of this year, the Corporation began listing the red dragonfly. Belle's home in Guangdong, Foshan, Shoes Co., Ltd. on Saturday March this year, a risk of Lenovo's investmentInvestment, but also for next year.
As the world's largest producer and exporter of footwear, shoe-making enterprises in China at present more than 2 million, footwear production accounts for more than 60% of global output last year, producing all kinds of shoes, more than 100 billion pairs of shoes exported 7.8 billion pairs. In such a large capacity with the back, but it is a lower grade of products, the status of the lower price. By O'Connell, red dragonfly, Foshan Saturday, as the representative of shoe brands such enterprises back in the 90s last century, the brand-building, and now are facing a period of climbing.

Senda, after the acquisition in the generous, Belle's market share will exceed 20%. The Belle of the massive demand and the rapid developmentFor capital from its operation of the rich and powerful. Belle back in 2005 on the introduction of a unit of Morgan Stanley, two investment funds owned companies and the CDHRetailLimited CDH as a strategic investor. After this capital injection, Belle got a fast rise in channels.
In fact, the acquisition of Senda also consider increasing the strength of the expansion of men's shoes, men's shoes on the FATO we have a brand, and Senda 50% of men's shoes. Belle relevant official told reporters. Belle International has Belle, Teenmix, STACCATO 8 footwear brands such as chain stores, also Nike, Adidas sports shoes in China's largest distributors. According to public information, the current, Belle International has 150 cities in the Mainland has more than 2,800 women shoe, sports shoes more than 1,000 chain stores in Hong Kong, Macau and the United States set up 35 retail stores.
Whether Belle listing, or frequent mergers and acquisitions, the industry is not difficult to see, Belle sword, in fact, intended to channel. Industry insiders said that the Belle always wanted to expand the international product line, and their own business from scratch takes a long time, Belle International hopes to achieve more rapid acquisition of the purpose.

Par current - 1 commentaire(s)le 28 avril 2011
Mardi 26 avril 2011

Nike: selling "fake" infringement should pay 30 million

September 28, the U.S. International Ltd. v. Nike Shoes Co., Ltd. Hefei BAICHENG court case, Nike believes in the Honest shoe business sector seized counterfeit Nike shoes Nike infringed the registered trademark, Honest request the court to order the company to stop infringement, compensate for the losses as high as 30 million yuan. Nike: selling "fake" infringement Nike should pay 30 million publicDivision attorney in the trial that the November 24, 2006, the city Luyang District Branch Trade and Industry Bureau under reported in the second floor of an Honest shoe counter, seized counterfeit "Nike" 33 pairs, then has sold 6 pairs. Seized all the shoes currently sealed by the business sector.
Nike believes that Honest company as a franchise business footwear products, the objective should be to know "Nike" brand, and the larger company, the obligation on the counter product management and supervision. However, the infringing goods in his store there, Honest companies have a subjective liability. At the same time, these products are unified through the cash register Honest, issuing sales list, Sale invoices and other sales, Pak Shing should bear the primary responsibility for the infringement. The plaintiff demanded the company immediately stop the infringing act Honest, and a public apology in the media, while compensation for 300,000 yuan.
Honest: the responsibility from the rental counter to worry cause of action for the Nike and the claims, Pak Shing company first apologized, admitted this is a management loopholes. But then raised, the plaintiff sued the defendant, the principal is wrong.
Since June 20, 2006, Jin Cheng a hundred companies have signed with the lease contract, rental Huaihe Road Pedestrian Street, Pak Shing counter shoe store on the second floor of 10 square meters, followed by the business sector in the investigation of the infringing goods counter. AlthoughHowever, Honest companies to adopt a unified cash register, invoiced sales model, but the company's violations of the counter completely unaware of the consequences of infringement should be a personal commitment by the Jin. The defendant attorney made, 30 million have no legal basis for compensation, the amount is much higher than the subject of prosecution Moreover, Honest company in Hefei is only within the small-scale footwear sales companies, such as to apologize, in Hefei, the local newspapers, do not increase their influence.
Judge: Although counterfeiting and punished both uncompromising, but the Hefei Intermediate People's Court case the judge said the contractor, as per the Unity of the cash register honesty,Ticket issued by way of sale of shoes, Jin Moucheng package for the behavior of the counter selling fake products, without the knowledge of a hundred honest to say that will not be admissible in court. But Nike's request for compensation is too high. The trademark claim is only against the property, not involving goodwill. Court might have sealed the false identification of quality shoes, and then decide the amount of compensation.
But for now the market's "fake" sale of goods act, should be severely punished, a warning to others, it will be fair and honest measure of the amount of compensation a hundred, to both the market success of mediation and business norms warning.
When the trial ended, the two sides agentLawyers agreed to mediation.

Par current - 0 commentaire(s)le 26 avril 2011
Lundi 25 avril 2011

Nike shoes in China, sued three manufacturers millions of dollars of compensation

Nike (Nike) shoes in China, manufacturers of the two prosecution of copyright infringement, unlawful use of one hand with the U.S. NBA basketball star Michael Jordan, flying in the air and dunk the "flying trapeze" signs. Nike said that Auchan Supermarket Co., Ltd Shanghai and Ningbo Step shoe store selling shoes Jinjiang Long of Conway Co., Ltd. and Jinjiang Footwear Company Ltd. The two tortSecretary for the production, counterfeit Nike "Air Jordan shoes, Air" brand shoes, and asked three vendors 1 million yuan compensation for the loss.
A pair of fake Nike shoes and the price of these is RMB 100 yuan, contests several times cheaper goods.
Shanghai Second Intermediate People's Court on Monday conducted a second trial of the case, but no decision announced.
Earlier, reports said, Nike attorney told reporters that the sale and production of counterfeit trademark for shoes this situation, the Nike company had issued quickly by the business, ask to stop selling the infringing products, the purchase of goods to the plaintiff records, but the other has not beenCooperation. In response, plaintiffs believe that the business of the violations of subjective malice is clear that the plaintiff's reputation had a major impact, so were on the court, requested the Court to order the defendant to stop infringement, apologize and compensate 500,000 yuan economic losses .
But businesses do not agree with the defendant, "night" trademark is famous trademark saying, that the pattern of well-known even in foreign countries, but there is no necessary connection known in China. The defense also believe that the plaintiff's trademark under the notary documents, this trademark logo on only one word description, is a basketball player the image of flying in the air, but no patternDisplay, so the goods involved in the design are adorned with only the similarities, but does not necessarily constitute infringement.
Nike claims that the three defendants are unreasonable. Because the defendant received the plaintiff's lawyer's letter soon after the cessation of sales of goods involved, and involved in the case of goods removed from the counter, even if the infringement, sales are limited, the damage is also smaller.

Par current - 0 commentaire(s)le 25 avril 2011
Dimanche 24 avril 2011

Nike announced fiscal year 2007 earnings per share of $ 2.93

PR Newswire Beaverton, Oregon June 26 call: Nike (NIKE, Inc.) (NYSE:NKE) today announced the company as of May 31, 2007 financial results for fiscal year 2007. 2007 fiscal year, the company's revenue over the previous year to 150 billion dollars over the same period by 9% to 16.3 billion. Net income over the same period of 1.4 billion increased 7% to 1.5 billion. The diluted earnings per share of $ 2.64 over the same period increased 11% to $ 2.93. Fourth quarter of fiscal 2007, the company's revenue over the previous year to 40 billion dollars over the same period by 9%, to 44 billion U.S. dollars. Fourth quarter net earnings over the same period of $ 332,800,000 increased 32% to $ 437,900,000. The diluted earnings per share of $ 0.64 over the same period increased 34% to 0.86 dollars. Changes in exchange rates so that the company in 2007 and fourth quarter of fiscal year revenue growth by 2 percentage points. Nike President and CEO Mark - Parker (Mark Parker) Commenting on this performance, said: "Nike's performance has been growing, fiscal year 2007 is no exception. We have also achieved a record year for business income, earnings and cash flow were a record high. Nike brand is known around the world, a subsidiary of Nike's performance continues to increase contributions. "
Parker went on to say: "Now Nike has more than ever, good growth opportunities, we have applied to the views of consumers, develop performanceProducts and unique ability to enhance the user experience. This is why Nike, the world leader in the industry a very important reason. "
The company announced the global athletic footwear and apparel pre-orders (pre-delivery period is from June 2007 to November 2007) the total value of 77 billion U.S. dollars, rose by 12%. Exchange rate changes to futures growth by 1 percentage point.
By region, futures orders for the United States increased 7%; Europe (including the Middle East and Africa) increased 12%; Asia Pacific grew by 19%; the Americas increased 15%. Exchange rate movements in Europe and the Asia Pacific region makes the futures orders growth by 1 percentage point, respectively, and 4 percentagePoint, causing futures orders for the Americas region decreased by 1 percentage point.
Fourth quarter of fiscal 2007, the company's Asia Pacific revenues increased 7% to $ 596,900,000, while the same period last year, compared with $ 558,600,000. Changes in exchange rates increased revenue growth by 2 percentage points. Footwear revenues increased 7% to $ 296,400,000, apparel revenues increased 7% to $ 240,400,000, and equipment revenues grew 8% to $ 60,100,000. Pre-tax income growth in the fourth quarter by 37% to $ 118,500,000.
Fiscal year 2007, Asia-Pacific revenues increased 11% to 23 billion, compared with 2.1 billion a year earlier. Changes in exchange rates increased revenue growth by 1 percentage point. Footwear revenues were 1.2 billion, compared with a year of 10 billion dollars over the same period by 11%; apparel revenues increased 11% to $ 909,300,000, and equipment revenues grew 11% to 214.9 million dollars. Pre-tax income in fiscal year 2007 increased 17% to $ 483,700,000.

Par current - 0 commentaire(s)le 24 avril 2011
Samedi 23 avril 2011

23, Belle shoes listed in Hong Kong

Belle grabbed the opportunity, over a decade ago to test the water daring the mainland retail market, and find a group of talented people to explore the market, market positioning is very standard. Chinese women footwear market leader Belle public offering in Hong Kong has been successfully completed, will be held tomorrow (23) officially listed on the HKEx. New Belle Footwear (Shenzhen) Co., Ltd. Vice President Hu Bing yesterday, "the firstFinancial Times "interview, confirmed that the Korean plastic surgery news.
Taiwan-funded enterprises Chong Holdings (0676.HK) listed in Hong Kong in 1996, another shoe for the upcoming Hong Kong-listed peers, the highest Wuzhen Chang, chairman of CITIC Group, said an interview, a letter with the mode of operation is not Belle First, it may not be listed as the starting point.
Wuzhen Chang believes that the letter was created primarily to enhance public awareness and management of enterprises in order to receive more overseas production orders and expand production scale. Belle listing to raise the starting point should be more emphasis on financing, capital investment on the retail sector than in manufacturing, the market risk as well. China's retail market at this stage to enter the fast growth phase, which is to promote economic development and China's manufacturing industry to solve a large number of post-employment driving the development of the consumer market, Belle this mode of operation in China, the development prospects of the next few years should be good, but the market risk co-exist.
"A letter of conservative, the manufacturing base from TaiwanMoved to mainland China for more than ten years, and now we still dare not touch the internal market, to do outside the single-phase domestic liquidity than being fast. "Wuzhen Chang said.
Hong Kong's largest manufacturer of Anlang fairy shoes (Hong Kong) Limited Chief Executive Lin Guangde in an interview said that Belle shoes to enter the mainland market for Hong Kong's success one example, bold use of China's mainland market from manufacturing transition to establish channels and brands.
Lin Guangde On the Road, the risk is much higher than the manufacturing marketing, Hong Kong shoe gradually moved its production base from Hong Kong to the Mainland, 90% of the shoe into the marketing that has notStep outside the single access still choose the traditional mode of production, Anlang fairy tale began last couple of years is involved in the domestic market. The Belle grab the initiative, over a decade ago to test the water daring the mainland retail market, and find a group of talented people to explore the market, market positioning is very standard.
"Belle Daphne with the mainland, although the other big brand shoes the same as retail, but both routes is somewhat different, Daphne take the Volkswagen brand line, the number is still rather biased towards, and away Belle boutique retail, mainly surface on high-income consumer groups, brand and prospects relative larger, their access to Nike, Adidas, Famous DengzhuMainland distribution licenses can also be seen to this point. "Lin Guangde said.
In 1992, Hong Kong's famous shoe designer, a senior industrialist Tang Yao will own brand "Belle" into the mainland, with "quality products + services + unified brand image" in the market chain strategy vigorously. Now Belle is headquartered in Shenzhen, the footwear industry, which owns Belle, Teenmix, STACCATO 8 footwear brands such as chain stores, also Nike, Adidas sports shoes in China's largest distributors. 150 cities in the Mainland has more than 2,800 women shoe stores, chain stores more than 1,000 shoes and in Hong Kong, Macao, China and the United States set up a 35Retail stores.
2006, including Belle, Daphne, wealth, including 10 birds, brand shoes in China, Belle to 8.2% of the market share of sales in the first rank.
According to the preliminary prospectus Belle documents show the company's 2006 profit of 977 million, compared with growth of more than 4 times in 2005, rose more than 13 times 2004 earnings. Belle plans to sell 1.396 billion shares this, the offer price of 5.35 HK dollar to 6.2, if in accordance with the offering price of 5.35 HK dollars following the completion of the listing, the Group's total market value of up Belle 52.2 billion Hong Kong dollars, 36 billion will be leapfrogged Gome the market value of the Hong Kong dollar has become the largest mainland-listed on the HKEx retail shares.

Par current - 0 commentaire(s)le 23 avril 2011
Vendredi 22 avril 2011

AIGLE Li Ning, a strong hand in China market

World famous brand of outdoor sporting goods AIGLE announced strong in China market, behind the scenes "push hands" was actually well-known sportswear company Li Ning. It is reported that Li Ning AIGLE has signed a 50-year domestic partnership, which is also multi-brand strategy of Li Ning Company to implement an adjustment. Under the agreement, the two sides will establish a joint co-financingOwned company, Li Ning and AIGLE each hold 50% of the shares. The joint venture will have a production and sales in China, marked with AIGLE trademarks Rolex Replica  outdoor leisure activities, extreme sports clothing and footwear franchise.

About 145 years ago, the brand, American Hiram Hutchinson Montargis in France, opened a rubber factory, then on, AIGLE boots gradually from a manufacturer, a French household name synonymous with outdoor supplies;
1992 AIGLE as an international brand to Asia, to enter the Japanese market, outdoor boom pushed the Japanese to reach new heights and become the new darling of the local youth;
In 1998, AIGLE pushed the shares of fresh, natural style to theChina.
With the Beijing Scitech, Dalian set up two franchise point, are increasingly seeking quality of life of Chinese people come to realize that the international brand image: a practical and noble, natural, and trendy.
"Cao Shu Spring return soon, fighting all sorts of red violet sweets. Yanghwa no imaginative elm, the only solution for Xuefei sky." Waving the green, red fantasy, this is the color of spring; warm sunshine, moving the mood, This is the summer air. Induced in this season of unlimited power and inspiration, AIGLE the official Chinese website and you met.
Hutchinson in France in 1853 during the American aigle this brand created specifically for the guestsSewing wearing boots and water shoes farming;
1972 Munich Olympics, AIGLE players have begun to design shoes for sailing; the French sailing team at the Sydney 2000 Olympic Games, also dressed in battle clothing AIGLE team, we can see its high professional status. ;
1988 production of outdoor shoes;
Annual sales of more than 5 million francs in 1997, has 10 stores in France, 20 in Japan;
2002 AIGLE particular, to provide our clients with the recommended 2 high-tech ideas and new fabric made of:
DRY-FAST TEXTILE (Quick Drying Fabric) This fabric through a unique processing technology, people can absorb the material offActivity generated in perspiration, and then discharged into the surface of clothing, the moisture by evaporation quickly. Therefore, the body will remain cool and comfortable.
UV-Control (Anti-UV fabric) this fabric through a special treatment with Ceramic particles, responsible for the wearing of garments made with this fabric to play to prevent the harm of UV on human skin. The degree of protection up to SPF 30 series high.
AIGLE in French means "Eagle", which is the symbol of American spirit, until now, each product has a AIGLE eagle wings embroidery badges.

Par current - 6 commentaire(s)le 22 avril 2011
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