Ancient And Modern Underwear Is To Be Registered As A Joint Venture Or A Proxy Brand.

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< p > > a href= "http://sjfzxm.com/news/index_c.asp" > ancient and modern underwear < /a > invest in new company with wheat. Ancient and modern underwear may become China's exclusive distributor of "Vitoria's secret, Selmark" international underwear brand.

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< p > > a href= "http://sjfzxm.com/news/index_c.asp" > Yimin group < /a > announced yesterday that in order to further promote the brand of the ancient and modern brands, and strive for cooperation and development with social resources, the company's wholly owned subsidiary, Shanghai ancient and modern underwear Group Co., Ltd. signed a letter of intent with Shanghai's Cci Capital Ltd on 25 July, and agreed to set up a joint venture to engage in the apparel industry.

Ancient and modern underwear is likely to become China's exclusive distributor of "Vitoria's Secret", "a href=" http://sjfzxm.com/news/index_c.asp "Selmark" /a "international underwear brand".

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< p > announcement said that the newly established "a href=" http://sjfzxm.com/news/index_c.asp "joint venture" /a "was registered in the Shanghai free trade area, mainly in the exclusive agent of China, distributing the underwear brands such as Vitoria's secret and Selmark.

The two sides agreed that the exclusive investment and distribution rights of the "secret Vitoria" brand in China in the 8 years (as of 2022) and the exclusive distribution rights and related assets of the Selmark brand China district were assessed and accounted for 65% of the total shares. The ancient and modern group made a cash contribution based on the evaluation results, accounting for 35% of the total shares.

After the establishment of the joint venture company, it is the only legitimate authorized dealer of "Vitoria's secret and Selmark" brand in China.

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< p > it is known that "< a href=" http://sjfzxm.com/news/index_c.asp > Vitoria's Secret > /a "(Victoria" s Secret ") is a famous underwear brand in the world. American LB Group Holdings mainly engaged in underwear and bra, etc. the underwear sales volume of the company is more than 600 pieces per minute.

The company owns two brands: Victoria s Secret mature sexy and Pink youth fashion.

The company has more than 1000 direct outlets, 97% of which are located in the United States, and the rest are in Canada, Britain and other countries.

Selmark is a top European underwear brand from Spain. In 2008, the financial crisis led to a slowdown in the overall economy of Europe and a sharp decline in Selmark revenue and profit.

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"P" Yimin group said that the two sides are still in contact, the specific details of cooperation still can not be disclosed.

The smooth implementation of this matter will help to strengthen the cooperation and exchange between the ancient and modern brands and the internationally known "a href=" http://sjfzxm.com/news/index_c.asp "underwear brand" /a, accelerate the promotion and sales of the relevant brands in the domestic market, and enhance the market influence of the ancient and modern brands.

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