129823520803750000_584No match for rising star Giordano established casual clothing to change
Recently, Giordano casual listed company in Hong Kong (00709. HK) announcement says, and CHOW Tai Fook Cheng Zhang Sun appointed Mr Cheng says (01929. HK) is responsible for China's Chen Shichang as Giordano, Executive Director non-Executive Director for a period of three years, entered into force with immediate effect. Cheng Yu-Tung as one Chinese top ten richest in the world, the most famous is the title of our newChairman of World Development Ltd and CHOW Tai Fook jewellery company limited, across the jewellery, real estate in two main areas. In recent years by Giordano stake into the garment sector.
Public information displays
http://www.powerleveling.us/diablo-3, Cheng Yu-Tung now Giordano 24.01% stakes in private companies, is the largest single shareholder of Giordano. Do not meddle in Giordano's daily operations as far as I understand, Mr Cheng says, and Chen Shichang'S appointment was announced in Giordano held recently at the annual General Assembly.
Meanwhile, Chairman of the Giordano Guo Quan Liu says, "new world in the future, Chow Tai Fook and Giordano take mainland business to seek cooperation, even taking into account the joint rental shop. However, Guo Quan Liu also stressed that Chen Shichang and Mr Cheng says are non-executive directors, do not represent Zheng Jiahui meddling in Giordano's operation, stake in Giordano's BoardFrame does not appear further change.
Just as the largest single shareholder
view my site here, he hopes to further understand the functioning of Giordano, makes sense. Giordano was founded in 1980, founded by Hong Kong businessman Mr Lai, specializes in low to medium range of casual wear retailing, listed in Hong Kong in June 1991. In 1993, Giordano began to enter the China market, inAll provinces in the country offering licensed stores.
As for the founder, Mr Lai, due to focus on media, gradually took hold of Giordano shares sold to about 2000 years has completely quit the Giordano group. Because of unwinding of the founder, started at the beginning of this century, stake in Giordano to be very scattered, held by the Fund, management is not a major shareholder. -PassSecondary markets to absorb shares, will slowly gain the initiative.
So over the past 10 years, Giordano has "taken over" message, in which potential buyers have also included Japan UNIQLO casual large crocodiles. Frequency was later surpassed in spite of early Chinese and mainland Chinese market, but for a dozen years, Giordano is not stable domestic leisure suit "a brother" position, especially in theOn the road to high end, failing to go far. In his early years, to Hong Kong businessmen in the Mainland's major competitors including the German group Yongjia (bannilu brand), bossini, JEANSWEST domestic background, and so on. In recent years, the rapid rise of the beautiful Tess nation prestige, in plain, semir, domestic brand, UNIQLO, international fashion brands such as ZARA, Giordano-frameBecome a threat.
Giordano International Limited has announced the 2011 year results showed that its sales for the year amounted to HK $ 5.614 billion in 2010, representing a growth of HK $ 4.731 billion. and American Tess nation prestige 9.9 billion yuan in the same period compared with the growth rate of sales and 33%, have been left behind by far. Hua Jie Advisory clothing industry analystLiang Fenluo believes that with arrival of Cheng Yu-Tung, and CHOW Tai Fook of Hong Kong to the mainland market insight into new world Denver Nuggets, Giordano's at least more likely to have clear objectives for the future development.
