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Since 1992, Kim Sung Joo became a Korean franchisee of MCM. At that time, the brand's performance was acceptable, but the management of MCM parent company began to appear chaotic in the late 1990s.

2. FILA: FILA is the company's first international brand and has become a major profit growth point. FILA was founded in Italy in 1911 and has a profound brand history and culture. In 2009, the company acquired wholesale timberland the operation rights and trademark business of FILA in China from Belle Group at a consideration of RMB 330 million. Yao Weixiong, President of FILA Greater China, joined yeezy replica L'Oreal (USA) in 2000 before joining the company, and replica tom ford later fake alexander wang joined Lacoste's American branch-Dreamland Clothing (New York) Co., Ltd. as the CEO. Yao Weixiong always believes that fashionable sports style is the core element that FILA needs fake guess to persist and uphold.  FILA has multiple series of leisure, sports and fashion, targeting consumers of different levels and needs. FILA is mainly located in first- and second-tier cities, with stores located in shopping malls/departments, and is a mid-to-high-end fashion sports brand. As shown in the figure below, the first BLUE LINE launched by FILA can take into account both business and leisure, with its advantages of simplicity and elegance and high-quality materials, and is loved by middle-aged people with successful careers. WHITE LINE adds print elements to sportswear to reflect elegance. RED LINE is a sports training series, subdivided into sub-categories such as training, tennis, and golf. FUSION is a trendy brand targeted at young people with richer colors.   launched a joint fashion brand to attract young consumers. On December 28, 2017, FILA launched the flagship series yeezy replica [FILA FUSION] of the 2018 spring trend sports. FILA and New York street fashion brand STAPLE launched a joint model. We are optimistic that the FUSION series will provide impetus for FILA's 2018 performance replica pandora growth.

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Wechat businesses that have begun to decline, the original single-channel sales transaction method is no longer effective, yeezy replica and most of the performance decline has become a common occurrence, so small brands have closed down, agents frequently run off, and this over-packaged industry is Experienced unprecedented despair.

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