Why Didn't YOUNGOR Come To CHIC2015?

YOUNGOR wants to make clothes bigger and bigger by means of financial and real estate.

By 2007, the average market share of YOUNGOR shirts was 12.32%, ranking twelve in the same industry for the first time in a row. The total market share of suits is 13.31%, ranking first in the same industry for seven consecutive years.

In November 6, 2007, Youngor The acquisition of Smart and Xin Ma 100% shares amounted to $120 million. According to the announcement, Smart is a world-renowned clothing production, sales and brand agency business. Xin Ma is Smart related, original inventory and accounts receivable in the United States and other assets. In theory, YOUNGOR will become one of the strongest clothing companies in the world after takeover.

But as YOUNGOR entered the property market in 2002, In the first few months before the merger, YOUNGOR set up two subsidiaries: Ningbo YOUNGOR Venture Capital Co., Ltd. and Shanghai YOUNGOR Investment Co., Ltd., the former is VC, and the latter is more like PE. This can not be ignored.

Since then, we have finally realized that what YOUNGOR has done is to establish a growth mode of a three level business chain. The cash flow business is textile and clothing, the growth business is real estate, and seed business is financial investment.

The problem now is that most companies are on their own. Main business Within the three layers of business chain, such as Coca-Cola abroad, through regional expansion, Procter & Gamble through the brand manager system, to extend the product life cycle!

　　 Youngor How can we jump out of traditional industries lightly and dance between high profit real estate and financial investment businesses?

President Li Rucheng also answered this question: "do anything. Investment We should all have a judgement on what stage China will enter in the world economic development. Can we vote? Where is the risk? We must grasp it in the direction of China's economic development.

The reason is so simple. The reason is his grasp of China's national conditions. What does it mean by the so-called "development stage" in China? Is that the use of China's immature development opportunities to make money in the transition society? How many times has this game been repeated in the thirty years of China's reform and opening up?

Far, such as Jianlibao grasp the opportunity of sports drinks, Changhong grasp the opportunity to upgrade the color TV to the big screen. Near sunchi's chance to seize real estate is not always a game of chance.

In this regard, I suggest that YOUNGOR study GE carefully.

How does GE grow? Most of the companies in the world fail in diversification. What GE can succeed? By contrast, one may understand that profits and risks are always two sides of a problem. High profits always correspond to high risks, and diversification is essentially a capability problem. Just like learning a foreign language, learning many foreign languages is pluralistic. Specialization is learning a foreign language. Why do most people learn a foreign language? The reason is very simple. Learning a lot of foreign languages is essentially a matter of ability, not chance.