[M] NWDS 280 million purchase of Shanghai, the whole posture of the department Air Jordan 17 store industry mergers and acquisitions grew hot[REVIEW]: Following the Wangfujing Department Store Group Co., Ltd. (hereinafter referred to as 'Wangfujing'), the controlling shareholder of China Wangfujing Air Jordan 19 International completed 96.72 percent stake in PCD acquisition of Hong Kong listed companies, mergers and acquisitions department stores Adds a case. Yesterday, the New World Department Store China Limited (the 'New World Department Store') announced that its wholly owned subsidiary, Shenyang New World Department Store Co., Ltd. (hereinafter referred to as 'the new Shenyang hundred'), and the Shanghai Chinese New Ltd. (hereinafter referred to formulated the 'Shanghai Chinese New'), the equity transfer agreement, Shenyang Xinbai 2.8 billion acquisition of Shanghai Han Tzu new Department Store Co. Ltd. The Shanghai subsidiary ('the Shanghai exchange Attitude') 100% stake. The Shenyang Xinbai acquisition of Shanghai exchange Pose move, coincident with the development of the New World Department Store before in 'Radiation City', 'a Costco store,' store expansion strategy of its own. 'Chinese department store industry reached a phase of acquisition and integration of frequent, similar acquisitions will continue to emerge in the Air Jordan 18 future.' Mall China Information Center director Guo Zengli representation. Acquisition 'sink posture' Shanghai exchange Nike Air Force 1 posture in September 2006 set up, mainly engaged in the operation of department stores, wholly owned by the Yangpu District in Shanghai Hong Kong New World Department Store - Shanghai Wujiaochang shop. Nike Hyperdunk According to the New World Department Store Communications person in charge, since 2006, the New World Department Store has been Hong Kong New World Department Store - Shanghai Wujiaochang shop management side, and after the acquisition, the store will be directly managed stores NWDS . However, from Shanghai, the posture of the past two years the performance perspective, the business situation worse. 2011 The Shanghai Zi net profit after tax 10,631,000 yuan; in 2012 net profit after tax dropped Air Jordan 14 Retro to 3.488 million yuan. New World Department Store The Board considers that the Acquisition is in the interests of the Company and its shareholders, the acquisition is completed, the New World Department Store can be a more favorable position to further capture the rapidly growing domestic consumer market potential. NWDS side also said the move also helps to further expand our retail network, and increase the market share in Shanghai, and Shanghai, the posture of direct investment in Shanghai with the Group's existing retail network produces synergistic effect. 'For the Nike Hyperdunk seller, when the pressure is greater than the expectations for the future survival potential, Air Jordan 1 it is Air Jordan 3 Retro important to stop in time. Sale bargaining power Air Jordan XX8 in the remaining time, from an investment point of view, to Kids Nike Trainers be expected.' Guo Zengli said that from the industry situation Many people think that the risk is greater than the opportunity for the retail industry, but for a better operational capacity and strength of enterprises in the economic fluctuations in the environment, low-cost expansion is still a large market opportunity. Shanghai, the Shanghai Han Tzu's controlling shareholder is a new investment company, in the case of poor operating environment, 280 million yuan changed hands to the New World Department Store, consistent with its investment value. M \u0026 A department stores grew hot NWDS management in 2013 semi-annual report said that it will continue to promote the steady expansion strategy: implementing Air Jordan 12 the 'radiant city' and 'a Costco store' strategy, while positive in Beijing, Shanghai, Wuhan , Shenyang, Chengdu and other second-tier cities to explore the potential of the project; on the other hand, the base city of business radiation to the surrounding 34 cities. In addition, New World Department Store has publicly Nike Air Force 1 said that the expansion path 'will continue through leasing, mergers and acquisitions, and actively increase the number of its own stores.' Terry Guo believes NWDS 280 million yuan acquisition of Shanghai exchange good posture with its current operating state are inseparable, 'their own operations more healthy, in order to better integrate the assets acquired, play a better effect.' FY13 year downturn in the retail environment, the New World Department Store contrarian increase of 14.9%. Among them, the operating profit (excluding other losses, income, and changes in fair value of investment properties) Nike SB from HK $ 740 million last year to HK $ 824 million, an increase of 11.3%. In the domestic environment department store magnate downturn, slowdown in retail sales growth, the New World Department Store rely on optimizing operational management, a wide range of marketing, and store image of innovation, driving the growth performance. 2013 fiscal year, the New World Department Store same-store sales growth of 11.4%. Currently, the New World Department Store, a total of 41 department stores, where 36 of its own stores, five for the management of stores. After the transaction, the number of stores owned NWDS will increase to 37. Wangfujing Department Store, as with the acquisition of spring, with Nike Shoes the traditional retail slump, the strength of the department store business opened the prelude contrarian expansion. Many industry sources, in 2013 the momentum of domestic M \u0026 A department store industry is hot, similar future acquisitions will continue to emerge.