Zhejiang Good Luck Bird Gets HAZZYS Trademark Management Right
Zhejiang
Wedding bird
Apparel Limited by Share Ltd recently issued a notice on signing a brand licensing contract with LG fashion group and Shanghai Rong yuan Fashion Co., Ltd.
The lucky bird gets the right to use the HAZZYS brand trademark of the LG clothing group in China. The validity period is 10 years, of which the first 5 years will be renewed for 5 years when the number of outlets and the sales amount meet the three party's agreed standard. The contract operator is Shanghai Rong yuan fashion Co., Ltd.
Announcements show that birds of prey are holding.
Shanghai Rong yuan Fashion Co., Ltd.
51%, the main business of Rong yuan fashion is to operate young and fashionable international brand apparel.
The company intends to purchase 49% stake in other shareholders of Rong yuan fashion. After the acquisition is completed, the company will hold 100% equity interest in Rong yuan fashion.
Rong yuan fashion is changed from a subsidiary company of a company to a wholly owned subsidiary. Its holding status has not changed and does not affect the performance of this contract.
Founded in 1974.
LG
Fashion group is one of Korea's largest fashion groups.
In 2000, LG fashion group launched the HAZZYS brand for fashion and taste 20~45 year old cutting-edge people.
HAZZYS brand main male and female casual wear, products include Western clothing, shirts, jackets, coats, T-Shirts, jeans, casual pants, leather goods, leather shoes and other clothing accessories 15 series of more than 1000 varieties.
After years of hard work, HAZZYS has become one of the three most famous clothing brands in South Korea. It has become a first-rate leisure brand with its high quality products and unique market positioning. Now it has more than 100 stores in Korea.
HAZZYS brand as a high-end fashion casual wear brand, mainly in the first tier cities and other economically developed cities to open shops, effectively fill the company's own brand "good bird", "S.ANGELO" market blank, and the company can take advantage of existing brand clothing operation management advantages, to form a new growth point of performance.
but
HAZZYS
Whether or not it can adapt to the development of the Chinese market is uncertain. If the operation is not good, it may have a negative effect on the company's performance.
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