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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.
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.
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.
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.