Shenzhen Women'S Clothing 3 Billion Wins High-End Women'S Wear

According to sources, the high-end women's clothing in Shenzhen, a listed company, is discussing the acquisition of high-end women's clothing. According to the disclosure, the spanaction price is about 3 billion.

According to fashion headlines, Shenzhen's Limited by Share Ltd is now in the discontinued stage, and it is planning to invest in major foreign investments. The stock has been suspended since August 25, 2015. The company is talking about its brand acquisition with a well-known senior women's clothing company in Europe. In terms of the initial intention of the two sides, the spanaction may reach a major asset restructuring standard.

Baozi, once a star company on the Hong Kong stock market, was once regarded as the leader of high-end women's clothing. As the first high-end brand to enter the mainland, its design and quality no longer have its unique value with the emergence of new competitors. In recent three years, Baozi's performance has been unattractive.

Because of the announcement of a share spanfer announcement, Baoji, who is "rumored to be out of fashion", is not having a good time. Although baozi's actual controller Kenneth Chan has publicly clarified to the media that the so-called "exit" is the misreading of the privatization of the outside world, Baozi will not abandon the fashion and clothing business. However, restricted by the decline of women's clothing performance, many people in the industry believe that Baozhuang's women's clothing industry is facing the impact of the reshuffle of the garment industry.

Baozi was successfully listed in Hongkong in 2003 and was once regarded as the leader of high-end women's clothing. After the listing, the company's share price increased by 12 times. In 2008, Baozi's share price soared to HK $31.5 / share. After that, the performance declined continuously in recent years. In fact, the reason why baozi was misunderstood to quit the fashion industry is mainly because the performance of baozi's clothing industry has declined. It was rumoured that baozi planned to launch A shares, but hopes for this year's stock market turmoil were shattered.

The annual performance report of Baozhuang group, which ended in December 31, 2014, shows that the total sales revenue of the group decreased by 12.1% to 1 billion 879 million yuan compared with the same period in 2013. The gross margin of the group remained at 80.8%, and its profit plunged 75% to 73 million 200 thousand yuan. The decline of retail business group is mainly due to the weak consumption in China's luxury market, and the high rent of Gold retail lots and the rising cost of staff. As of December 31, 2014, the group operated 310 retail stores in mainland China, Hongkong, the United States and Canada, compared with 352 before December 31, 2013, a decrease of 42 over the same period.

As a result of bad performance, as early as January 2015, Baozi major shareholder proposed privatization. According to the latest announcement of baozi, the offeror has received 25 million 900 thousand shares, representing about 4.7% of the total issued share capital. At this point, the offeror and its co operative persons held 297 million baozi shares, representing 53.7% of the total share capital.

Baozi announced that Ports BVI, a wholly-owned subsidiary of the company, agreed to sell the existing Ports HK 6% share of the existing fashion and clothing business to the independent third party in the East Fuhai, a fund management company, with a cash consideration of 180 million yuan. If there is no significant difference between the results of the due diligence survey of the Oriental Fuhai and the information disclosed by Ports BVI, Ports BVI and the East Fuhai will sign a sales agreement. According to the sale and purchase agreement, Ports BVI will sell the additional 14% interest to Ports HK at the cash consideration of 420 million yuan. Therefore, the sale price of 20% is 600 million yuan. 20% the sale will bring about 488 million 600 thousand yuan in profits.

Ports HK basically holds all the existing fashion and apparel business of all companies. The framework agreement also includes possible sale of the remaining 80% stake in Ports HK. And the rumor is Shenzhen women's clothing. In April 22, 2015, Shenzhen's Limited by Share Ltd was successfully listed on the Shanghai stock exchange. It became the first women's clothing listed company on the Shanghai stock board of A shares in 2015, issuing a total of 19.16 yuan and a total of 40 million shares financing 728 million yuan. At present, price is 42.76 yuan per share, and its total market value is around 6 billion 800 million. By the first half of 2015, the company achieved operating income of 363 million 990 thousand yuan, an increase of 11.50% over the same period last year and a net profit of 65 million 720 thousand yuan, an increase of 11.66% over the same period last year.

In recent years, the rise of domestic clothing brands has led to an upsurge in overseas brand mergers and acquisitions. A recent case is the acquisition of 51% of the shares of Dirk Bikkembergs company by China's men's clothing listed company, according to Italy media. The spanaction amounts to 40 million 680 thousand euros. In February last year, it was also a high-end women's clothing brand from Shenzhen, which bought the Italy brand Krizia with a market value of 500 million dollars.