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News | Arc'teryx's parent company, Amalfen Sports, went public in the United States, and the chairman of Metersbonwe resigned, losing 3.2 billion yuan in 8 years......

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News | Arc'teryx's parent company, Amalfen Sports, went public in the United States, and the chairman of Metersbonwe resigned, losing 3.2 billion yuan in 8 years......

NEWS

Real estate information

■ 46 projects of Beijing Fengtai Hexi Ecological Science and Technology Innovation City have started, with an estimated investment of more than 50 billion yuan

On January 8, Fengtai District, Beijing recently launched the construction of Hexi Ecological Science and Technology Innovation City, focusing on 46 major projects. These projects highlight the three highlights of benefiting people's livelihood, promoting development and improving quality, and the total investment is expected to exceed 50 billion yuan. The projects covered a wide range of areas, including infrastructure construction, ecological environment management, and the improvement of public service facilities, aiming to promote regional economic and social development and improve the quality of life of residents.

■ Sichuan Dujiangyan Sunac two hotels to be auctioned, with a starting price of 597 million yuan

On January 8, according to the information on the public asset auction website, two real estate properties located in Dujiangyan City, Sichuan Province, including the fixed decoration and decoration of the hotel, will be auctioned from 10 o'clock on January 22, 2024, with a starting price of 597 million yuan. Among them, the real estate at No. 81 Maocaodian Road is Chengdu Sunac Steigenberger Hotel, with a total construction area of 24,146.93 square meters, including five-star hotels, hot spring SPA and other facilities, with a total of 7 floors. The real estate at No. 100 Zhizhen Road is Chengdu Sunac Jianyue Hotel, with a total construction area of 60,781.24 square meters, which is a cultural tourism theme hotel with a total floor of 9 floors. The two properties have a total parcel area of 53,530.59 square meters, and the underground part is interconnected. Both subject properties are registered and leased as mortgages, and the hotel is currently in normal operation.

NEWS

Business News

■ CICC expects Li-Ning's profit to fall by 23% in 2023

CICC's latest research report predicts that Li-Ning's revenue will grow by 5% year-on-year to RMB27.1 billion in 2023, while net profit is expected to decline by 23% year-on-year to RMB3.1 billion. Since the beginning of 2024, as of January 6, Li Ning has fallen 9.9%, and the stock price trend of other domestic sports brands is also sluggish, with Xtep International, Anta Sports, and 361 Degrees falling by 14.3%, 7.4%, and 1.4% respectively.

■ Archaeopteryx's parent company, Amalfen Sports, went public in the United States: a loss of more than $600 million in 3 years

The parent company of the high-end outdoor brand Arc'teryx, Amalfen Sports, sprinted to the New York Stock Exchange for listing. Recently, according to the official website of the SEC, Amer Sports, Inc. (Amalfen Sports), a global sports and outdoor brand group, has officially applied for the listing of common shares on the New York Stock Exchange with the stock code "AS". Amalfen Sports is mainly engaged in three segments: professional apparel, outdoor performance and ball games, and Arc'teryx is one of the core brands in the above three market segments. From 2020 to 2022, Amalfen Sports' total revenue exceeded $9 billion, with a total net loss of more than $600 million. It is worth noting that Greater China is the number one market for Arc'teryx. In the first three quarters of last year, Arc'teryx Greater China achieved revenue of US$453 million, accounting for more than 40% of Arc'teryx's total global revenue.

■ L'Occitane Group acquired Dr. Vranjes, an Italian luxury home fragrance brand, with a valuation of 150 million euros

Recently, L'OCCITANE Group, a French beauty company, announced that it has acquired Dr. Vranjes Firenze, an Italian luxury home fragrance brand, from Bluegem Capital Partner, a British private equity fund, marking another solid step in the L'Occitane Group's strategy to build a geographically diversified portfolio of high-end beauty fragrance brands. The transaction is expected to close by the end of the first quarter of 2024. According to a person familiar with the matter, the deal values Dr. Vranjes at around €150 million, equivalent to nearly 12 times its core profit.

■ Bawang Chaji's first sign language store in the world opened, located in Hangzhou Gaode Land Plaza

Recently, Bawang Chaji (Zhejiang) announced on its Xiaohongshu account that Bawang Chaji opened its first sign language store in the country, which is located in Hangzhou Gaode Landmark Plaza. In order to achieve barrier-free communication, the store is equipped with handwriting tablets, handheld menu boards and other guidance.

■ The chairman of Metersbonwe resigned, and he lost 3.2 billion yuan in 8 years

Metersbonwe suddenly issued a statement a few days ago announcing that Hu Jiajia has submitted a written resignation report and will resign from his positions as chairman and director, but continue to serve as president. At the same time, Zhou Chengjian, founder of Metersbonwe, was nominated as a candidate for the company's non-independent director. The data shows that since Hu Jiajia took over in 2016, Metersbonwe's performance has continued to decline, with a total loss of 3.2 billion yuan in 8 years and a debt ratio of 90%.

■ The cutting-edge restaurant chain brand "Gel Two Hands" received 10 million angel round financing from Baifu Star

Recently, the cutting-edge restaurant chain brand "Jelly Hands", which focuses on gel pots, has received 10 million angel round financing from Baifu Star, a subsidiary of Hony Yi. As a classic of Cantonese cuisine, jelly clay pot has become an emerging category in Cantonese cuisine in the past two years. Under the leadership of founder Zheng Yifeng, "Gel Two Hands" started from Shenzhen Bao'an Street Store, and has become one of the representative brands of the gel pot category for more than 2 years.

News | Arc'teryx's parent company, Amalfen Sports, went public in the United States, and the chairman of Metersbonwe resigned, losing 3.2 billion yuan in 8 years......

The above news sources: Winshang.com, Viewpoint.com, 36 Krypton, Meijing.com, Fashion Headlines.com, etc.// Winshang.com self-media matrix //

News | Arc'teryx's parent company, Amalfen Sports, went public in the United States, and the chairman of Metersbonwe resigned, losing 3.2 billion yuan in 8 years......

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