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Friday, May 25th, 2012

    Time Event
    The Group will continue to implement the Group's acquisition strategy
    business signs

    Take our international clothing net to do the example, I site is to buy clothing suppliers and provide the most convenient online sourcing platform, online Jiaoliu platform, so Fuzhuang enterprise Qingsongdacheng network business, to buy those on the network more convenient and faster find the desired. Through the above, I believe you have a deep understand why the garment has a soft spot for the clothing e-commerce. So quickly join the ranks of it! Finally, there is little to remind you that clothing is not the core of e-business "e" in "business." For the clothing e-commerce, the basis for investment, network construction, management and service personnel are indispensable. Therefore, the excellent management team is to make the entire network business to more efficient, personalized key to development. vector artwork

    Li & Fung (00494) 19, announced a total consideration of not more than 401.8 million U.S. dollars (about 3.134 billion Hong Kong dollar) takeover of most of the assets of Wear Me Apparel. The acquisition costs, of which 101.8 million U.S. dollars will be paid in cash and the remaining 300 million U.S. dollars, over the next five years by Wear Me Apparel's pending performance-based payments paid, the acquisition is expected to be completed by the end of November 2009. Wear Me Apparel Kids Headquarters to the name of business, leading the United States, young men and children fashion design, marketing and sales company.embroidery digitizing

    Kids Headquarters franchise license a series of famous domestic brands, proprietary brands, private label and licensed for use cartoon characters, including CalvinKlein, Timberland, Hurley, Disney and so on. Wear Me Apparel net sales in 2008 of about 700 million U.S. dollars. Li & Fung, said the U.S. president RickDarling This acquisition will significantly strengthen the growth of Li & Fung USA platform for expansion into new markets and product categories, including young men's and children's clothing. The acquisition will enable the Group to become more powerful and more valuable retail partners and make the entire portfolio of brands and private label business benefit. Yue Man Lok, president of Li & Fung Trading, said, Wear Me Apparel is an outstanding company, the Group is very pleased of the acquisition, and can greatly benefit all parties involved. embroidery designs

    The Group will continue to implement the Group's acquisition strategy, this transaction is now merely one of a number of acquisition opportunities. Group lot of potential acquisition targets, the group had never seen so many good acquisition opportunities.smell it and look to the second half of 2008 during the first half of 2009, exacerbated the macroeconomic situation deteriorated, industrial sewing machine industry as a whole remains in the doldrums.

    According to analysis of relevant reports
    LED signs

    According to analysis of relevant reports, in the Czech Republic shares in the year 2008 total revenue was 52 6.0429 million yuan, to the year 2009, this figure is 46 5.5744 million yuan, down 11.49 percent year on year. Its main business income was down 24% in 2008, operating profits are negative for two years. A subsidiary of the futures business support in the Czech Republic in 2008 amounted to a profit of 4.662 million yuan, the data also revealed a fraction of that profit means, but the annual statistics of the profit in 2009 amounted to -7 5.4539 million yuan, up down 614.62 %. Although the loss is the major companies in the industry over the past two years show the general situation, but the company's specific situation is different. embroidery digitizing

    Two years before, in the Czech Republic can be described as "internal and external problems." The market report shows the performance drop, while in the Czech Republic in the domestic market share of industrial sewing machines are also encountered intense competition for competitors. In particular, the computer sewing machine market, peer enterprises newcomer force, and the market growth rate significantly, to the Czech Republic caused some market pressure.LED Writing Board

    In 2008, when the financial crisis sweeping the globe, major shareholders in the Czech Republic also be exposed regarding the illegal occupation of funds, making the company into a "dilemma", but also to the Czech Republic since its inception the company has brought the most severe test. Punishment affected by the SFC, the Czech Republic, key members of the board changes, new leadership in the crisis into the public view. To cope with the negative impact of financial crisis and other issues, in the Czech Republic to start from the inside to rectify the adjustment was relatively quiet outside.LED Message Board

    As the company can be released by the reduction of foreign, especially large shareholders, after tying up funds for the incident be exposed, the outside world began in the Czech Republic's future multi-party speculation. Industry in the Czech Republic for a time on the rumors, such as in the Czech Republic will be the main business from the sewing machine industry to other industries, such as sewing machines in the Czech Republic will no longer produce the wild speculation in the outside world ... ... the same time, macroeconomic and industrial sewing machines not clear the market rebound of the situation within the company is also showing some weakness, and communication between dealers have also been reduced, the sensitivity of the market response is also greatly reduced. Arrested in the Czech Republic, internal management measures to address the financial crisis, a series of bottlenecks in the development also will be exposed.

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