Casual wear HAZZYS2012 spring and summer women's advertising large

The fashionable casual brand HAZZYS launched the 2012 spring-summer women's clothing. The HAZZYS women's sports series is not only simple and elegant, but also comfortable and healthy.

Casual wear HAZZYS2012 spring and summer women's advertising large

Zhejiang Xinxiu Clothing Co., Ltd. recently released an announcement regarding the signing of a brand licensing contract with LG Apparel Group and Shanghai Rongyuan Fashion Co., Ltd. Shengxi Bird obtained the license right to use the HAZZYS brand of LG Apparel Group in China. The validity period is 10 years, including 5 years in advance. When the number of outlets and sales amount meet the standards agreed by the tripartite parties, the contract is renewed for another 5 years. The contract operator is Shanghai. Rong Yuan Fashion Co., Ltd.

Casual wear HAZZYS2012 spring and summer women's advertising large

According to the announcement, Baoxi Bird holds a 51% stake in Shanghai Rongyuan Fashion Co., Ltd. The principal business of Rongyuan Fashion is to run young fashion international brand apparel. The company plans to acquire 49% equity from Rongyuan Fashion's other shareholders. After the acquisition is completed, the company will hold 100% equity in Rongyuan Fashion. Rongyuan Fashion changed from a controlling subsidiary of the company to a wholly-owned subsidiary. The controlling position has not changed and will not affect the performance of this contract.

Founded in 1974, LG Fashion Group is one of the largest fashion groups in Korea. In 2000, LG Fashion Group launched the HAZZYS brand for cutting-edge 20-45-year-olds seeking fashion and taste. HAZZYS brand main men and women casual wear, products related to suits, shirts, jackets, coats, T-shirts, jeans, casual pants, leather goods, leather shoes and other clothing accessories 15 major series more than 1,000 varieties. After years of hard work, HAZZYS has become one of the three famous clothing brands in Korea. With its high-quality products and unique market positioning, HAZZYS has been among the first-line casual brands and now has more than 100 stores in Korea.

Casual wear HAZZYS2012 spring and summer women's advertising large

HAZZYS brand, as a high-end fashion casual wear brand, mainly sells stores in first-tier cities and other economically developed cities, effectively filling the market gaps of the company’s own brands, “Good News” and “S.ANGELO”, while the company can use existing ones. Brand apparel operation and management advantages, forming a new performance growth point. However, there is certain uncertainty in whether HAZZYS can adapt to the development of the Chinese market. If the operation is not good, it may have a negative impact on the performance of the company.

The fashionable casual brand HAZZYS launched the 2012 spring-summer women's clothing. The HAZZYS women's sports series is not only simple and elegant, but also comfortable and healthy.

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