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Recently, the "China's economy and information technology," the magazine quoted the chairman Xu Jing Nan Olympic sports news that Li Ning Olympic intentionally recombinant things began two years ago, but was Li Ning, the company refused. However, Li Ning and Peak are clarified denied. "The company not associated with any company restructuring and acquisition activities in any negotiations and consultations, without showing any written or oral reach consensus and agreement will remain focused on the company's future is to enhance the competitiveness of products and brand awareness." Olympic official micro Cheap air jordans for sale clarification. "About two years ago really talked about that, but when the chairman of the investment bank is in private contact with the talks, the Olympic-related investment bank raised the idea, but did not contact with Li Ning." Pick insiders, "These investment banks including joint investment investors Peak and Li Ning. He proposed am always the same two international goals of integration and restructuring of companies may, while the Chinese market is in need of a truly larger, stronger companies Once the consolidation pattern Chinese sportswear market will have a significant impact, which is conducive to development of the industry, to avoid vicious competition. " internationalization of the differences Pick the internal official pointed out, that time, the domestic share of the boss has done Li Ning really want to do international, and Olympic time international has done more in-depth, and therefore feel that the integration aspect Olympic ideal , pushing into effect once produced obvious. "However, Li Ning select a strategic investor later US private equity fund TPG and GIC (Government of Singapore Investment Limited) invested 750 million yuan, and not to cooperate with peers, equal Xu was a direct negation of the idea of ??the proposal." Turning had hoped cooperation of the mind, the source said, the foreign dealers in different patterns and China, is not only a brand stores, but multi-brand multi-category, if Baotuan attack, will be able to expand well enrich the entire product line, pushing brand portfolio effects. Positive impact advantage in the selection and development of space overseas distributors, while in the domestic market, the two brands together will control the domestic market order. As frequently broke this year, Li Ning, the company's operating predicament and business restructuring, the cooperation had been optimistic about the prospects seem increasingly remote. "Li Ning began to shrink international fronts, specializing in the domestic market. This is equivalent to, and when we had to discuss the emergence of deviation compared strategic More importantly, after Li Ning now mode conversion, the beginning and as the main Olympic basketball Business Adjust this development into a center of gravity is equal to our direct competition, and complementary respective core strategic brands have lost. " Compared with the international strategic contraction Li Ning, the Olympic was being "high profile" international, and does not exclude acquisitions. "Pick of the Integrated Development does not consider the homogenization of the enterprise, the other party must do the international market, which is a very important criterion in the international arena and we are looking for the right partner, hoping to one another in business help enhance competitiveness, but in fact is not a small challenge, in addition to differences in the business models, and overseas brands have difficulty in the integration of corporate culture. "The source pointed out. "initial internationalization difficult, some of the old staff have gone no confidence even when we listed in Hong Kong, HKEx staff refused to & quot;. In order to create an international brand for the purpose & quot; write on it, In fact, I know it is worried will buy. "Olympic chairman Xu Jing Nan recently in an interview with reporters, said," If you have the right, we have an open mind. premise is complementary resources, is conducive to the Olympic internationalization. " The passage of time, the current Olympic has the United States, Canada, Iraq, Iran, more than 70 countries and regions, with a total of 40 international distributors and more than 200 stores. Olympic sports brand in the domestic market performance is not the best, but Jingnan think this does not affect the internationalization strategy. "Any time a chance. We are not with Nike and Adidas to grab the market, there are second and third tier foreign brands, can be positioned in the high-end." industry urgently integrate Although Li Ning, Olympic has been clarified and things just good wishes, but in the Olympic opinion, the domestic sporting goods market after a decade of rapid expansion, has come to a period of adjustment. "and other industries, mergers and acquisitions industry is a trend the future, brand, product R & D resources will be further concentrated to the Olympic brand and other advantages, fewer resources, research and development ability, the strength of the less fortunate enterprise channels, will will be out in this round of adjustment. Moreover, the future of industry consolidation, mergers and acquisitions may be worldwide, not necessarily limited to the country. "Xu Jing Nan said in an interview with reporters. Xu Jing Nan said that the internationalization process if the right acquisition target can discuss. "Once the brand AND1 talked about cooperation with the United States, failed to reach the final because we want global agency, they are only willing to give, since it is the internationalization of China region, and certainly not satisfied with only domestic domestic contraction, foreign countries also have the opportunity to . " "There are already people in other countries take the initiative to seek them want to become our distributor of." Xu Jing Nan said, "We hope that in five years stationed in 100 countries and regions, and the recruitment of 100 dealers, for over 10 years so that overseas revenue reached 10 billion yuan. This is not big, you want a dealer to do 100 million, would be ideal. " According to the Olympic insiders, Jingnan working with two well-known Canadian agent RMP Athletics and Indeka Group negotiations, the two companies as a brand agency have more than 20 brands, and with Canada, such as the size of the front of the sports chain footlocker, Champs and other cooperation. If successful on to the next, Peak product or will cover the Canadian market. By the end of 2011, Pick overseas earnings 9.9% total sales revenue of 4.65 billion yuan; 2012 will be accounted for 15-20%. 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