Clothing And Love Planning, Diversification, Capital Layout, Overseas Travel Agency Business

The Republic of Korea

Brand clothing and love are currently being planned for pformation. Tourism is a promising field. It has many cooperation with Wanda Group in the commercial level. At present, the two sides are planning to jointly arrange the Korean tourism business, and the establishment of joint venture tourism companies or other ways is possible.

Wanda is also very optimistic about the Korean tourism market, and hopes to arrange South Korean travel agency business through capital.

In 2016, Wanda will continue to plan its online and offline tourism businesses through mergers and acquisitions.

It is reported that

An agreement was signed with Wanda Group headquarters to form a joint venture tourism company in the form of VC.

This is the first achievement after the two sides signed the investment agreement on leisure industry in June 2014.

The shares of the joint venture tourism company are 50%.

Although the composition of the Council will take up half of it, it is still responsible for clothing and love.

The two sides plan to complete the work of establishing a legal person in South Korea by the end of next month.

As for the above news, the reporter learned from Wanda insiders that Wanda did cooperate with clothing and love, and the two sides already had sales cooperation in retail business. In view of the optimistic view of overseas tourism market, Wanda Group was also discussing cooperation with tourism in love and clothing, but it has not yet determined how to develop it. In fact, the establishment of joint venture travel agency or other modes of cooperation is possible and is still under discussion.

From Wanda's point of view, tourism has been the key development area of Wanda in recent years. For example, Wanda bought a series of domestic travel agencies, and also developed several large resorts, and joined the same journey. Wanda Group will have to go online and offline in tourism business in the future.

And through business dealings with overseas partners, Wanda Group has found that Chinese tourists outbound tourism in recent years, especially in Japan and South Korea, has been warming up, and overseas consumption has skyrocketed. Millions of Chinese tourists travel to South Korea every year, so Wanda Group believes that tourism can be allocated to Korea's popular outbound destinations.

So she sprouted the idea of cooperation with Korea.

The insider disclosed that Wanda Group plans to set up a travel agency in South Korea in the form of capital.

So as a dress

Why do you want to get involved in tourism?

Close to the crowd said that clothing and love are currently planning to do a diversified pformation, tourism business is a promising direction.

The related person in charge of love tells the media that the style of love is combined with the advantages of Wanda's China business network, looking forward to a better comprehensive effect.

Wanda Group has carried out department stores, hotels, real estate, tourism and other industries in China, and the clothing and love program has been working with Wanda to pform the main business from fashion to logistics.

Statistics show that Wanda travel industry was established in October 2013. It only became one of the largest cultural industry conglomerates in China in only a year. In 2013, it earned 25 billion 500 million yuan and plans to earn 40 billion yuan in 2016 to enter the top 20 of the world cultural group.

Wanda Group insiders say that after deciding to enter the tourism industry, Wanda Group has developed a series of initiatives, including building scenic spots, resorts, hotels, mergers and acquisitions travel agencies, and so on. These are related upstream and downstream industry chains, and after joining the same journey, Wanda tourism sector's plan in 2016 is to combine upstream and downstream and online and offline O2O development. Meanwhile, it will continue to look for opportunities to merge and purchase tourism industry chain at home and abroad.

The acquisition of Wanda system seems never to stop.