Rebirth
Chapter 733
When the two confronted briefly, Li Feng expressed his understanding of Spring Department Store and its development direction; and François Pino, the old fox, did not hide it, and directly expressed his appreciation for Li Feng’s judgment. .
It is said that Li Feng's vision is recognized, which not only satisfies Li Feng's vanity psychology, but in a sense, doesn't it show his own vision is shrewd and long-term.
"You see, there seem to be few existing top fashion luxury brands that can meet Mr. Pinault's intentions, such as Versace, Armani, etc. This is very good, but unfortunately, the controllers of these companies have not sold at least a trace. Thoughts.
There are a lot of other brands, but most of them have too little influence. Without a core brand, it is difficult for luxury goods groups to develop. For example, the LV brand of LVMH Group is their core brand.
You see, LV and Gucci, Dior and Saint Laurent, many can overlap, and I lack a top fashion luxury retail group now, I wonder if Mr. Pino is willing to meet my personal desires?"Li Feng said to Pino and his son with a smile.
"Impossible!" The young Henry Pinault almost blurted out after Li Feng had finished speaking.
"Henry, Mr. John may just be making a joke. I think this joke is not funny. Spring Department Store is related to the future development of the Pino Group and is the main development core of the company. I think no company will take its own Core industries for sale."
François Pinault was still smiling, but he declined straightforwardly.
...
"Mr. Pinault, I think we all have what each other needs, why not cooperate?" Li Feng replied with a smile.
At this time, Li Feng said his thoughts. As for the acquisition, it was just a greeting and dismissal from the horse before. Moreover, Li Feng also knew that the possibility of wanting to acquire the Spring Department Store was too small.
Of course, if François's brain gets hot and he really intended to sell, then Li Feng is naturally extremely willing.
"John, this is the purpose you want, talk about how to cooperate?"
"I know that you have a top French luxury retail company in your hands. Why don't we cooperate? I think that in the luxury fashion industry, only LV Group is the only one, and the rest include Gucci, Saint Laurent, Armani, Versace, etc. Waiting for these alone is that the future generations should be over.
If I can, I certainly hope to be able to acquire the Spring Department Store under the Pino Group, the luxury group plus the top fashion luxury retail shopping center, it must be a perfect match, isn't it?
However, I also understand the Pinot Group. Nowadays, in addition to its earliest timber and building materials business, the rest of its focus is on the retail industry. In this case, I feel that the retail business of the Pinot Group will be directly separated from my luxury. I think it will soon become a top luxury giant, right?"Li Feng said with a smile.
"John, I don't understand. If I choose to cooperate, what can I get?" Francois asked with a smile.
"First, I think the Pinault family will get the lifelong friendship of my St. John Lee, and we will become a formal strategic partnership; second, I can hand over the luxury goods group to Mr. Pinault to manage. Of course, if Mr. Henry is in the future Also has enough ability, I don't mind letting him inherit Mr. Pino's mantle and continue to manage the group.
Naturally, I will have the necessary supervision of the company, and will entrust third-party financial companies, such as the supervision of firms such as Deloitte and Ernst & Young, as well as my own financial director and other duties, and I will send someone to take charge."
...
Hearing Li Feng’s condition, François Pinault was silent and he began to ponder in his heart. At this time, François Henry Pinault, the helm of the Yunkai Group in the past and future, also began to think. Get active.
No way, the retail industry of the Pinot Group mentioned by Li Feng is in charge of the young Henry Pinot. Yes, the president of the retail business company of the Pinot Group is the young Henry Pinot.
"Mr. Pino, the Pino family seems to own 40% of the Pino-Spring Group. The rest, including Credit Lyon Bank, AGF Insurance, etc., are all major shareholders of the group. I think this may be the separation of the group’s business at this time. Time, you can think about it.
As far as I know, it seems that Mr. Henry is the director of your group's retail industry. Do you listen to Henry's thoughts? Maybe Mr. Henry has new ideas, don't you?"Li Feng said with a smile again.
"Henry, what do you think about cooperating with John's luxury goods group?" François Pinault smiled and couldn't help but ask his son on the side.
In fact, when he entered the retail industry, he was guided by his son. Facts have proved that his son’s idea is correct. Similarly, for the luxury goods industry, François Pino knew that his son had thoughts, but he considered the overall luxury. The status quo of the product industry, as well as its own strength and financial resources, were finally put on hold.
Nowadays, the luxury fashion industry is undergoing a new round of reshuffle. Many brands have been acquired. For example, LV Group is acquiring top fashion luxury brands. For example, Richmond Group is acquiring jewelry and watches.
Nowadays, even St. John Lee, who is now known as the new wealth legend, has attracted his attention. Perhaps the next fashion luxury industry can get rid of the previous difficulties and usher in new opportunities for rise. After all, Saint John Lee’s investment vision is universally recognized, François Pino thought so.
...
"John, father, personally, I hope that our two can truly achieve cooperation, which is beneficial to both parties.
For Pino-Spring Group, we are able to participate in the luxury goods industry in one step, and directly have a certain right to speak in the industry, while for John, we directly own a world-leading fashion luxury department store. Retailer.
Originally, I also had the intention to enter the luxury goods industry. Gucci is actually a very good entry point. Firstly, it is famous enough, secondly, the product is rich, the industry is influential, and thirdly, the only investment company behind the scenes is from the difficulty of acquisition. It's easier to say.
What a pity...!"Henri Pinault said with a helpless smile.
"Haha..., it is true, and I hope to continue to acquire the world's top fashion brands. The current Gucci company and the original Saint Laurent are not enough.
Similarly, in my opinion, the stores of Spring Department Store are really scarce. There are so many big cities in the world, but Spring Department Store is so small. I am really ashamed of the reputation of Spring Department Store as a century-old store.
More importantly, in my opinion, at least for a short period of time, real estate in the world, such as the United States, Europe, and Asia, is now at a trough or rapid development. In my opinion, it is a good time for Spring Department Store to develop vigorously. Unfortunately, in my opinion, the development of Paris Spring is still too slow."Li Feng replied with a big laugh.
...
After hearing Li Feng's words, Pino and his son smiled bitterly in their hearts at the same time, thinking, don't we want to develop? Haven't we seen that we are already actively exploring the Asian market.
The Paris Printemps Department Store Group in China was established in Hong Kong last year, and the first store of China Spring Department Store in China has been opened.
You think we don’t want to build it up in most of China’s cities all at once, but our financial resources can’t support it. Wherever we want to expand, we need to expand. This needs banknotes to support it.
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