Seven Wolves Buy Kenna To Set Foot In Luxury
Recently, Fujian
Seven wolves
Industrial Limited by Share Ltd announced that it had purchased Hangzhou for 70 million yuan.
Kenna apparel
Limited 100% stake in the international brand agency business.
After many years of traditional fashion management mode, the seven wolves began to expand rapidly.
Luxury goods in China
The market is advancing.
According to a McKinsey report, sales of luxury goods in China reached $12 billion in 2010, and it is expected to reach $27 billion in 2015, exceeding Japan's largest luxury market in the world.
The main business of Hangzhou Kenna is the foreign luxury brand agent. At present, it has the agency rights of the clothing brands such as Connally, Versace and other brands in China.
After the acquisition, the seven wolves will participate in the international famous brand operation and absorb the experience of international brand in product design, organization order, terminal management and so on.
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