Wednesday, March 1, 2017

Handsome, SK Networks signed a final agreement to acquire 300 billion won in the fashion sector



[Korea gimeunji financial newspaper reporter Hyundai Department Store Group based fashion firm Handsome finalize the acquisition of the fashion division of SK Networks jobs and sets out a full-scale operation.

Handsome has signed a final purchase agreement for the entire April 28, SK Networks said fashion business day. The final acquisition price is 3000 billion. Handsome signed a sales agreement is also positive for the full year, SK Networks fashion division, after recently conducted a due diligence process to.

Handsome said, "it has signed a contract with SK Networks fashion sector imported brands The sales positive also in the contract process" and "especially transitions contract period long-term and secured improve royalty payment terms for business stability and profitability," he said.

Handsome The final acquisition agreement entered into by its subsidiary, Handsome global and SK Networks Fashion businesses held by imported brands Tommy Hilfiger · DKNY · CK · Club Monaco, throwing away how, American Eagle, the domestic brands objects, Oz Second through modern Jian F. corporation Second floor Lounge · · · Luz and were 12 such SJYP · operate the yoni Steve J & P.

Handsome as SK Networks has acquired fashion sector finalizing plans to get into a full-fledged brand rebuilding 'work.

First, objects, launches Oz Second, Second floor, including redevelopment of the SK Networks brand of women's fashion sector. · SJSJ systems such as Lee Myung-jin casual business manager in charge of women's casual brand (Managing Director) and Handsome global womenswear responsible for it was appointed as creative director (CD). The part to re-establish the brand identity and strengthen the sangpumryeok.

By another for more than 10 years, SK Networks recruited led jojunhaeng representative of the fashion business, Tommy Hilfiger · DKNY · CK, such as secured her popularity and diversify the distribution channels of imported brand, expand product lines differentiated value by brands the initiative reassuring customers.

In addition, Hyundai Department Store Group is planning to invest over the next five years, SK Networks MD competitiveness and infrastructure, including 200 billion won over the fashion business in the fashion sector to raise the fashion industry as a key growth driver for the group.

Hyundai Department Store Group official said, "The SK Networks to enhance its competitiveness through its own fashion brand large investments over a long period of time based on the fashion business-related resources and capabilities of the group, also it plans to maximize synergies and Handsome fashion business."

The proceeds of Handsome Handsome subsidiary of the global and modern Jian F. promotions targeted at the fashion division of SK Networks SK Networks 12 Fashion up to 5 days before coming to celebrate the brand acquired two brands. 10% discount to customers who purchase the product in 12 brand stores during the promotion period, they provide 10% additional mileage.

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