Metersbonwe, a veteran of the fashion industry, has not had a good time in recent years.
In recent years, Meibang has made many debt repayments through the realization of ** property assets and equity. According to the announcement on the morning of December 4, Meibang Apparel plans to make a cash transaction to Ningbo Youngor Apparel Clothing *** A property owned by it in Chengdu, the transaction is 6800 million yuan. The subject of the transaction is Metersbonwe's store at No. 43, Dakejia Lane, Jinjiang District, Chengdu, Sichuan Province, with a total construction area of 10,6588 sq.m.
The store was purchased by Metersbonwe in 2009 and has since been used primarily for the operation of its own branded stores. Since last year, in order to solve the business crisis, Metersbonwe has made many efforts and attempts. The realization of property assets and equity has become an important way for the company to save itself. Prior to this, Metersbonwe has successively acquired real estate in Guiyang, Guizhou and Shenyang, Liaoning, and the receivers are Ningbo Youngor Clothing
Metersbonwe has previously stated that it needs to continue to realize the return of production inputs and borrowings through the realization of assets and equity. In November this year, Metersbonwe publicly admitted that as the first stock of China's clothing, it has failed to keep up with market changes in recent years, resulting in greater pressure on its business, so it has tried different business strategies many times to save itself. However, during the transformation process, the company also faced many challenges, and during this period, it made several debt repayments through the realization of ** property assets and equity.
Today's Metersbonwe is no longer a simple clothing brand, but a modern enterprise that is constantly trying and innovating, through the realization of property assets and equity, the company has gradually come out of the business crisis, and is developing in a more stable direction. It is believed that in the near future, Metersbonwe, a veteran of the fashion industry, will once again shine with new brilliance.