383 Million Attempts To Buy A Brand Of Sports Brand
VIP bird announced yesterday evening that in order to promote the layout of the sports shoes and clothing line, and integrate the resources under the quality line to achieve the layout of multi brand, multi market and multi-channel, the company plans to invest 383 million 105 thousand yuan to share some of the equity in the sports industry development Limited by Share Ltd of Hubei, and increase its capital.
After the paction is completed, the company will hold 50.01% of Jay's stake and become its controlling shareholder.
According to introduction, Jay's trip was founded in April 2007.
Sports products
Professional retailers.
It sells internationally through offline retail channels.
Famous brand
Sports products and independent sports products are authorized to operate Nike, ADI, UA, Vance, CONVERSE and so on. The products cover all kinds of sportswear, shoes and hats, accessories, sports equipment and so on.
As of April 30, 2016, there were 265 retail outlets in Jay's trip, with a retail terminal area of 79090 square meters, including 176 retail outlets and 89 retail terminals.
Audited, as of April 30, 2016, Jay's total assets amounted to 999 million 629 thousand and 200 yuan and net assets of 192 million 933 thousand and 700 yuan.
In addition, it achieved operating income of 817 million 380 thousand and 400 yuan in 2015 and realized a net profit of 40 million and 800 yuan.
The parties confirm that the performance commitment period of the paction is 2016, 2017 and 2018. According to the performance pledge, Jay's net profit in 2016 is no less than 50 million yuan, and the net profit in three years is not less than 200 million yuan.
The bird says that the acquisition is much more than the company.
brand
The important step of multi-channel operation is in line with the company's current development strategy. It also lays the foundation for the company to introduce more brands. At the same time, the completion of the acquisition will help to enhance the company's performance and further enhance the company's retail management capability.
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