Gib Acquisition Of Leather Goods Manufacturer Moreau-Paris Is Threatening.

At present, in the cold winter of luxury goods, many enterprises will have to rely on more stable large conglomerates and large groups to survive the cold winter because of the profitability of the brand and so on.

Recently, successive acquisitions also illustrate the importance of integrating brands.

From France

Group Onward Luxury Group (formerly known as Gib) has announced that it will purchase leather goods manufacturer Moreau-Paris as a diversified integration plan for its portfolio.

However, the two sides did not disclose financial data on the paction.

From this year, many large luxury or luxury brands have been bought by powerful financial conglomerates.

The earlier Shandong Ruyi bought the French luxury brand Maje and Sandro, the same as Chinese capital.

France's ancient lace manufacturers, and this acquisition of leather goods manufacturers, is no exception in explaining the current economic downturn.

But how will the future brand lead these dark horses?

Go forward, it is more worth looking forward to.

Moreau-Paris said that because of the acquisition, the brand can further enter the global market.

OLG, currently licensed by many designer brands and sub licensed clothing, shoes and handbags, will lead the luxury black horse in the industry to a broader luxury production market.