383 Paris Spring & Boots
"Judging from the information you have gathered, it is obvious that Allianz's acquisition of AGF is almost a foregone conclusion, I don't think you will fail to see that since it has reached the current situation, then I think you want the shares of Spring Department Store in the hands of AGF Insurance, it is better to find a way to deal with Allianz Group. ”
"Allianz, I don't have a relationship. Li Feng shrugged and smiled.
"Come on, you can always find it, don't you. Besides, isn't AGF Insurance Group not officially acquired, and the contract agreement has not been signed, you say, at this time, a consortium suddenly appeared to show interest in AGF, what do you think about the French government, how will Allianz respond, maybe Allianz will come directly to the door. Listening to Li Feng's words, Li Zekai came up with an idea speechlessly.
"Hey... , yes, if you let people take the initiative to come to the door, you can take the initiative. Li Feng's eyes lit up, and then he muttered to himself.
Listening to Li Feng's leisurely 'Ge You paralysis' and shaking the red wine glass and talking to himself, Li Zekai, the little superman, couldn't help but roll his eyes, thinking, it's really too shameless.
"Richard, you are really my Mr. Zhuge , but I don't think it's the right time, let people get in touch for the time being, and wait until the end of the trip to Xiangjiang, and announce that the shares of Standard Chartered Bank and even Standard Chartered are in the bag, then it is the best time." Li Feng said with a smile.
"Also, you have acquired some luxury goods before, and this time you are breaking out the acquisition of Standard Chartered, which can show your ambition, and the relationship between the bank and the insurance group is even closer. But, John, why did you just get East West Bank involved? ”
"It's not time yet," Li Feng said with a smile.
“…”
Listening to Li Feng's speechless feelings, Little Superman once again had the urge to hit people. If Little Superman is also from the next generation, seeing Li Feng's appearance, it is estimated that he can't help but sarcastically say 'Slut is hypocrisy'.
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"John, what do you think of the Spring Department Store in China?" At this time, Li Zekai suddenly looked at the Spring Department Store in Huaxia in the document, and couldn't help but ask with a smile.
"This is a good project, I am optimistic about the economy and real estate of the mainland of China, I think you Cheung Kong and Hutchison Whampoa are in full swing in the mainland, obviously they are also optimistic, what do you think is the future of high-end shopping malls such as Spring Department Store in the mainland, do you want us to cooperate?" Li Feng replied with a smile.
"Uh... John, at this time, should you think about how to pocket Spring Department Store first, otherwise this so-called high-end shopping mall or anything has nothing to do with you. Li Zekai replied angrily.
"How can it be okay, even if I don't have Spring Department Store in my pocket, it will be related, you see my Gucci, Yves Saint Laurent, etc., as well as the future of the top luxury brands in Europe and the United States, will not settle in, even if it can't be acquired, it can be regarded as a cooperation, isn't it?" Li Feng replied with a smile.
"Okay, you're awesome, you can do it!"
After listening to Li Feng's words, Li Zekai was speechless, and could only give a thumbs up, saying that you are amazing, and I admire you.
"Haha... Isn't it true that Spring Department Store would be incomplete without the products of my luxury group, and it would be a high-end luxury shopping mall, wouldn't it?"
“…”
"Haha..."
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Li Zekai said that the spring department store in China, Li Feng also knew after reading the information that as early as 96 years, the spring department store established the Huaxia Paris Spring Department Store Group in Xiangjiang, naturally, the spring department store did not have such the strength to develop alone. Yes, in Europe it is called Printemps, and in China it is called 'Paris Spring'.
At that time, Printemps was preparing to launch the first Printemps retail project in Magic City, followed by Printemps Department Store, Paris Headquarters, and Boots International.
Later, in order to be able to go public, financial giants such as Citigroup and 3i Group were introduced.
Seeing this, Li Feng suddenly saw another famous fashion brand in later generations, that is, Baozi.
It was not until he read the introduction of Boots in the document that Li Feng knew that he had always thought it was a European and American brand, but he didn't expect that this company now belongs to China.
In the 60s, the founder of Boots was originally a 'global dreamer', and people pursued a lifestyle of 'swimming in the Sahara Desert in the morning and dinner in New York in the evening', and the famous 'No. 10 white shirt' was the signature of Boots.
Just like the Apple of later generations, Boots took a fancy to the cheap labor in China at that time, and the Canadian Chinese Xiangjiang businessman Chen Qitai's family produced Boots' products for Boots, and had a very good relationship with the founder of Boots.
In '89, when the founders of Boots were ready to retire and sell Boots, the Chen Qitai family took the opportunity to buy Boots and established the group headquarters in Xiamen.
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As a result, the Chen Qitai family was successful, and Boots lasted for many years anyway, and was the first high-end clothing brand in mainland China, but later with the rise of Internet retail, and the entry of major foreign luxury brands into the domestic market, profits continued to decline.
There is no way to do this, although Boots initially seized those top luxury goods abroad or too expensive, and did not fully enter the window period of the mainland market, with a relatively close price to occupy the domestic high-end market at that time, but Boots has always been known as a 'fake foreign brand'.
With the rise of the domestic economy, when the interest in Internet retail and various top brands from all over the world such as LV, Gucci, Armani, Versace and so on poured into the domestic market, more and more brands can be selected by Chinese people, and the leading position of Boots in the high-end field is constantly challenged.
In the end, I really couldn't fight others, and it seemed to be getting weaker and weaker. Later generations seem to have ended the clothing business, and even packaged and sold the retail business of Spring Department Store, which can be regarded as a complete exit.
In fact, the price of Boots is very advantageous, belonging to the high-end brand, but unfortunately, Boots to be honest, since it was acquired by the Xiangjiang Chen Qitai family, it has been wearing the hat of 'fake foreign brand', which has led to Boots finally becoming an embarrassing position that is not high or low.
Li Feng even thought that if Boots was a European and American brand, perhaps its situation in China would be better, I have to say that in the field of high-end fashion and luxury consumption, Chinese people are still superstitious about foreign brands.
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In the beginning, under the leadership of Canadian businessmen, Boots was the world's top fashion brand, and Hollywood superstars would patronize it, but after Boots was acquired by the Chen Qitai family, its focus was on Asia and even China.
Although, judging from the early financial statements, due to the occupation of high-end domestic brands at that time, it is becoming more and more prosperous, but in the long run, the brand has lost the popular symbols of Europe and the United States, and Boots has become more and more a domestic local brand.
Thinking of this, Li Feng couldn't help but smile and said to Li Zekai: "Richard, what do you think of Baozi?"
"John, isn't it, you're not going to take a fancy to it, are you?"
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