376 When cooperation is in progress
After a brief confrontation between the two, Li Feng expressed his understanding of the Spring Department Store and its development direction, and François Pinault, the old fox, did not hide it, and directly expressed his appreciation for Li Feng's judgment.
It is said that Li Feng's vision is recognized, which not only satisfies Li Feng's vanity, but in a sense, doesn't it show that his own vision is shrewd and long-term.
"You see, there are very few of the top fashion and luxury brands that exist today, such as Versace and Armani, which is very good, but unfortunately, the owners of these companies have at least the slightest idea of selling.
There are quite a few other brands, but most of them have too little influence, and it is difficult for luxury groups to develop without a core brand, such as the LVMH Group's LV brand is the core brand of others.
You see, LV and Gucci, Dior and Yves Saint Laurent, many can overlap, and I am now lacking a top fashion and luxury retail group, I wonder if Mr. Pinault is willing to fulfill my personal wishes?" Li Feng said to the Pinault father and son with a smile.
"Impossible!" was also a little young Henry Pino, who blurted out almost after Li Feng's words fell.
"Henry, Mr. John may have just made a joke, I don't think it's funny at all, Printemps is related to the future development of the Pinault Group, it is the main development of the company, and I don't think any company will sell its core business. ”
François Pinault was still smiling, but he was straightforward and polite.
……
"Mr. Pinault, I think we all have what each other needs, so why not work together?" Li Feng replied with a smile.
At this time, Li Feng said his thoughts, as for the acquisition, it was just a previous greeting and dismissal, and Li Feng also knew that the possibility of wanting to acquire someone's Spring Department Store was too small.
Of course, in case François had a hot mind and really intended to sell, then Li Feng was naturally very willing.
"John, that's what you want, tell me how to work together?"
"I know you have France's top fashion and luxury retail company in your hands, why don't we work together, I think, in the fashion and luxury industry, only the LV Group dominates, and the rest include Gucci, Yves Saint Laurent, Armani, Versace and so on.
If I could, of course, I would like to be able to acquire the Spring Department Store under the Pinault Group, and the luxury group plus the top fashion and luxury retail mall, it must be a perfect match, right?
However, I also know the Pinot Group, and now in addition to its earliest timber and building materials business, the rest of the focus is on the retail industry, so I think that if the retail business of the Pinault Group is separated and merged with my luxury group, I think it will immediately become a top luxury giant, right?" Li Feng said with a smile.
"John, I don't understand, what would I get if I chose to cooperate?" François asked with a smile.
"First, I think that the Pinault family will receive a lifelong friendship with me St. John Lee, and we will become a formal strategic partnership, and secondly, I can hand over the luxury group to Mr. Pinault, and of course, if Mr. Henry is capable enough in the future, I don't mind letting him inherit the mantle of Mr. Pinault and continue to manage the group.
Naturally, I will have the necessary supervision of the company, and I will entrust third-party financial companies, such as Deloitte and Ernst & Young, as well as my own financial director, and I will assign someone to be responsible. ”
……
Listening to Li Feng's conditions, François Pinault was silent for a moment, pondering in his heart, and similarly, at this time, François Henri Pinault, the future helmsman of Yunkai Group in his previous life, also began to liven his mind.
There is no way, the retail business of the Pinault Group that Li Feng said is in charge of the young Henry Pino, and yes, the president of the retail business company of the Pinault Group is the young Henry Pino.
"Mr. Pinault, the Pinault family seems to own 40% of the shares of the Pinault-Spring Group, and the rest, including Crédit Lyonnais, AGF Insurance Company, etc., are the majority shareholders of the group.
As far as I know, it seems that Mr. Henry is the head of retail in your group now, do you think you can listen to Henry's thoughts, maybe Mr. Henry has a new idea, isn't it? Li Feng said with a smile again.
"Henry, what do you think about working with John's luxury group?" François Pinault smiled and asked his son beside him.
In fact, when he first entered the retail industry, he was also guided by his son, and it turned out that his son's idea was correct, and similarly, for the luxury industry, François Pinault knew that his son had a mind, but at that time, considering the current situation of the overall luxury industry, as well as his own strength and financial resources, he finally put it on hold.
Nowadays, the fashion and luxury industry is undergoing a new round of reshuffle, and many brands have been acquired, such as LV Group, etc., are acquiring those top fashion and luxury brands, such as Li Feng Group in the acquisition of jewelry, watches, etc.
Now even St. John Lee, who is now known as the new legend of wealth of the super-rich, his eyes have also been attracted, perhaps, the next fashion and luxury industry can get rid of the previous predicament, ushered in a new opportunity to rise, after all, St. John Lee's investment vision, which is recognized by the world, François Pinault thought so.
……
"John, father, personally, I hope that the two of us can really work together, and it's good for both parties.
For the Pinault-Spring Group, we were able to participate in the luxury industry in one step, and were able to directly have a certain voice in the industry, and for John, we directly owned the world's top fashion and luxury department store retailer.
Originally, I also wanted to enter the luxury industry, and Gucci was actually a very good entry point, firstly, because it was famous enough, secondly, it was rich in products and influential giants in the industry, and thirdly, it was only an investment company behind the scenes, which was easier in terms of acquisition difficulty.
It's a pity...!" said Henry Pinault with a helpless smile.
"Haha... Yes, and I hope to continue to acquire the world's top fashion brands, just Gucci and the original Yves Saint Laurent.
Similarly, in my opinion, there is a shortage of Spring Department Store stores, there are so many big cities in the world, but Spring Department Store is only so little, it really deserves the reputation of Spring Department Store, a century-old store.
More importantly, in my opinion, at least in a short period of time, the real estate in the world, such as the United States, Europe, and Asia, is now either in the trough, or in rapid development, in my opinion, it is a good time for the development of Printemps, but unfortunately, the development of Paris Springs is still too slow in my opinion. Li Feng replied with a laugh.
……
Listening to Li Feng's words, Pino and his son smiled bitterly in their hearts at the same time, thinking, don't we want to develop, don't you see that now we have actively explored the Asian market.
Last year, the Paris Spring Department Store Group in China was established in Xiangjiang, and the first store of Spring Department Store in China has been opened.
Do you think we don't want to build it directly in most cities in China at once, but our financial resources can't support it, and we need money to support it.