After learning that there would be no gambling and there would be no chance of assassination, Tang Zichen said with regret: You really hit it. This Arnold is too experienced and doesn't even have a trap.
Everyone understands the principle of struggling with tigers, and it is not really hopeless. Just use Hermes and Prada to waste it. I am indeed not a match on the surface, but unfortunately he underestimated my other two aces, so I am not afraid of competing head-on with him.
The two aces Zhang Weihao mentioned are Bazaar and WeChat. As long as you control public opinion and voice, the so-called hot products, high-end luxury luxury brands are just open-mouth brands. Zhang Weihao himself is based on the Chinese market. Although Europe, America, Japan and South Korea seem to account for a large share, if you want to eliminate those purchasing agents, the actual sales will be the same, so there is no big problem with stabilizing the quality and performance. Zhang Weihao is very confident in the abilities of Exel Dumas and Chen Yien.
Although if there is a gambling battle now, he can play a game with his wife and betray her long eyebrows, time is actually more beneficial to Zhang Weihao. The more they get, the greater their advantage will be, so it wouldn't be too a pity if they don't have a chance.
Ba Liming was the most speechless one. He originally thought he could see more masters, but in the end he had nothing to do and he really became a bodyguard. He would follow him back to the Demon Capital and hide in the dark to serve as a bodyguard for Zhang Weihao until Uncle Qi officially started the action, which is expected to be in the middle of next year.
Chen Yien was very satisfied with the current situation, and also found that ELS's stock price has risen well, and at the same time, it was easy to take down several stores that were still in talks.
Many shopping malls and shopping centers know Hermes's personality and influence, but so far, there are only ten real Hermes direct stores in China. Only first-tier cities like Beijing, Shanghai, Guangzhou and Shenzhen may have 1-2. Many other so-called new first-tier cities may not necessarily have one.
As for high-end luxury stores and so-called counters like Missia, those are channel merchants, and the prices are naturally more expensive than those of specialty stores, and they are often out of stock. As for purchasing agents, the only reason that the domestic one is cheaper than purchasing agents is Hermes, because Hermes often looks at the price, but there is no goods, so whether you can buy spot goods directly.
So now ELS has obtained the general agent of Hermes Greater China, and Alice High-end Store has signed a special supply agreement. I think it is definitely the final word for ELS to supply in the future. After all, ELS is the biggest winner in the Hermes dispute this time, Lin's Bank.
Originally, Chen Yien's plan was to be more stable and to build the capital and the Magic City first. As a result, Hong Kong Island, Shenzhen Stock Exchange, provincial capital (Guangzhou), and some new first-tier cities took the initiative to issue invitations. If the funds were insufficient, local banks could even provide low-interest loans, and various tax policy benefits, which instantly gave Chen Yien the intention of large-scale expansion.
It is expected that at least 30 Alice luxury stores will be opened in 15 first- and second-tier cities across the country as early as July this year, and the Magic City Headquarters Store will be officially opened in January next year.
At the same time, Hermes' direct stores will expand to 15 by the end of 2016 and to 30 by the end of 2020. The Greater China market will become the world's largest single market by then, accounting for about 30% of all global markets.
Hermes, which had originally suffered a decline in stock price due to concerns about Arnault's shipment, also stabilized its stock price due to this series of positive factors. Although it fell a lot, it basically stabilized at the level of 650 euros per stock.
Although LVMH's stock price fell sharply before, after Arnold announced the losses and latest annual report of this acquisition war, it quickly stopped its decline and stabilized at a market value of 145 billion euros.
Of course, what is most surprising is that the shares of Hermes announced by LVMH have become 266%. Not only has it not been sold, but it has also increased slightly, which surprised many investment institutions and investors, and they have also begun to reevaluate Hermes' valuation.
When Zhang Weihao saw the relevant news, he became more and more impressed by Arnault. If nothing unexpected happens, the old boy intends to reconcile with the Hermes family. Simply put, the fisherman will benefit from fighting against the snipe and clam, but if the clam and snipe are not stupid, they will reconcile quickly, and the fisherman may be stealing the chicken without losing the rice.
But Arnold is very experienced, Zhang Weihao is not bad either. He successfully pulled Exel Dumas into the water very early, directly instigating the head of Hermes and reaching a cooperative alliance. Therefore, Exel Dumas ensured the relevant agreements and supply systems, which maintained a balance.
Compared to Zhang Weihao, who has no ambition and the benefits of cooperation are far greater than the disadvantages of falling out, Exel Dumas naturally would not be really relieved of an old fox like Arno. At the same time, he was also very unhappy with some elders who had no foresight within the family who liked to point fingers, so it was even more impossible to destroy the Great Wall by itself and would not give Arno a chance to steal chickens. Both sides entered a stalemate and tug-of-war.
Simply put, Lin's Bank will not move or care, but Arnold must sell his shares. At the same time, they are putting pressure on the French government and the China Securities Regulatory Commission, not wanting that their company's shares will be held for a long time by such a rival company with hostile ambitions towards him. And such an exaggerated shareholding ratio, which undermines the principle of fair competition and is suspected of monopoly. At the same time, there are illegal operations in itself and must be strictly investigated.
Simply put, settlement is OK, but you must reduce the shareholding ratio in your hands to a level that we can accept, for example, within 5%. In addition, related transactions and transfers must be supervised by relevant departments, and the secret operation such as the left hand turning to the right hand is prohibited.
There was also this tug-of-war in the original time and space. It had been tug-of-war for two years. Arno sold a large number of Hermes shares one after another. He made nearly 10 billion euros by relying on the difference in stock prices alone. He did not suffer any losses at all and made a big profit.
Everyone understands the principle of struggling with tigers, and it is not really hopeless. Just use Hermes and Prada to waste it. I am indeed not a match on the surface, but unfortunately he underestimated my other two aces, so I am not afraid of competing head-on with him.
The two aces Zhang Weihao mentioned are Bazaar and WeChat. As long as you control public opinion and voice, the so-called hot products, high-end luxury luxury brands are just open-mouth brands. Zhang Weihao himself is based on the Chinese market. Although Europe, America, Japan and South Korea seem to account for a large share, if you want to eliminate those purchasing agents, the actual sales will be the same, so there is no big problem with stabilizing the quality and performance. Zhang Weihao is very confident in the abilities of Exel Dumas and Chen Yien.
Although if there is a gambling battle now, he can play a game with his wife and betray her long eyebrows, time is actually more beneficial to Zhang Weihao. The more they get, the greater their advantage will be, so it wouldn't be too a pity if they don't have a chance.
Ba Liming was the most speechless one. He originally thought he could see more masters, but in the end he had nothing to do and he really became a bodyguard. He would follow him back to the Demon Capital and hide in the dark to serve as a bodyguard for Zhang Weihao until Uncle Qi officially started the action, which is expected to be in the middle of next year.
Chen Yien was very satisfied with the current situation, and also found that ELS's stock price has risen well, and at the same time, it was easy to take down several stores that were still in talks.
Many shopping malls and shopping centers know Hermes's personality and influence, but so far, there are only ten real Hermes direct stores in China. Only first-tier cities like Beijing, Shanghai, Guangzhou and Shenzhen may have 1-2. Many other so-called new first-tier cities may not necessarily have one.
As for high-end luxury stores and so-called counters like Missia, those are channel merchants, and the prices are naturally more expensive than those of specialty stores, and they are often out of stock. As for purchasing agents, the only reason that the domestic one is cheaper than purchasing agents is Hermes, because Hermes often looks at the price, but there is no goods, so whether you can buy spot goods directly.
So now ELS has obtained the general agent of Hermes Greater China, and Alice High-end Store has signed a special supply agreement. I think it is definitely the final word for ELS to supply in the future. After all, ELS is the biggest winner in the Hermes dispute this time, Lin's Bank.
Originally, Chen Yien's plan was to be more stable and to build the capital and the Magic City first. As a result, Hong Kong Island, Shenzhen Stock Exchange, provincial capital (Guangzhou), and some new first-tier cities took the initiative to issue invitations. If the funds were insufficient, local banks could even provide low-interest loans, and various tax policy benefits, which instantly gave Chen Yien the intention of large-scale expansion.
It is expected that at least 30 Alice luxury stores will be opened in 15 first- and second-tier cities across the country as early as July this year, and the Magic City Headquarters Store will be officially opened in January next year.
At the same time, Hermes' direct stores will expand to 15 by the end of 2016 and to 30 by the end of 2020. The Greater China market will become the world's largest single market by then, accounting for about 30% of all global markets.
Hermes, which had originally suffered a decline in stock price due to concerns about Arnault's shipment, also stabilized its stock price due to this series of positive factors. Although it fell a lot, it basically stabilized at the level of 650 euros per stock.
Although LVMH's stock price fell sharply before, after Arnold announced the losses and latest annual report of this acquisition war, it quickly stopped its decline and stabilized at a market value of 145 billion euros.
Of course, what is most surprising is that the shares of Hermes announced by LVMH have become 266%. Not only has it not been sold, but it has also increased slightly, which surprised many investment institutions and investors, and they have also begun to reevaluate Hermes' valuation.
When Zhang Weihao saw the relevant news, he became more and more impressed by Arnault. If nothing unexpected happens, the old boy intends to reconcile with the Hermes family. Simply put, the fisherman will benefit from fighting against the snipe and clam, but if the clam and snipe are not stupid, they will reconcile quickly, and the fisherman may be stealing the chicken without losing the rice.
But Arnold is very experienced, Zhang Weihao is not bad either. He successfully pulled Exel Dumas into the water very early, directly instigating the head of Hermes and reaching a cooperative alliance. Therefore, Exel Dumas ensured the relevant agreements and supply systems, which maintained a balance.
Compared to Zhang Weihao, who has no ambition and the benefits of cooperation are far greater than the disadvantages of falling out, Exel Dumas naturally would not be really relieved of an old fox like Arno. At the same time, he was also very unhappy with some elders who had no foresight within the family who liked to point fingers, so it was even more impossible to destroy the Great Wall by itself and would not give Arno a chance to steal chickens. Both sides entered a stalemate and tug-of-war.
Simply put, Lin's Bank will not move or care, but Arnold must sell his shares. At the same time, they are putting pressure on the French government and the China Securities Regulatory Commission, not wanting that their company's shares will be held for a long time by such a rival company with hostile ambitions towards him. And such an exaggerated shareholding ratio, which undermines the principle of fair competition and is suspected of monopoly. At the same time, there are illegal operations in itself and must be strictly investigated.
Simply put, settlement is OK, but you must reduce the shareholding ratio in your hands to a level that we can accept, for example, within 5%. In addition, related transactions and transfers must be supervised by relevant departments, and the secret operation such as the left hand turning to the right hand is prohibited.
There was also this tug-of-war in the original time and space. It had been tug-of-war for two years. Arno sold a large number of Hermes shares one after another. He made nearly 10 billion euros by relying on the difference in stock prices alone. He did not suffer any losses at all and made a big profit.