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JNBY Design Secures New Retail Concession Agreement
JNBY (03306.HK) has entered into a franchise agreement with Technology for 2024 (B1OCK).
On December 13, Glonghui announced that JNBY (03306.HK) signed a 2024 franchise agreement (B1OCK) with Huizhan Technology on December 13, 2024, where Hangzhou Muli (the company's wholly-owned subsidiary) was granted the exclusive and sole rights to operate Retail Trade at the designated property in Tianmuli, with the term starting from December 13, 2024, to June 30, 2026.
Investor Optimism Abounds JNBY Design Limited (HKG:3306) But Growth Is Lacking
gtja's strategy for the textile and apparel industry in 2025: Focus on the strength of the exchange for new policy and wait for sales improvement.
Since late October, the scope of the trade-in policy has continued to expand, with both online and offline channels enjoying policy benefits, leading clothing brands benefiting first.
JNBY Design Expands Through Strategic Acquisition
jnby (03306.HK) intends to acquire all the equity of Hangzhou Mulinsen brand management.
On November 28, Glonghui reported that jnby (03306.HK) announced that on November 28, 2024, jnby clothing signed an equity transfer agreement with Huizhan Technology, under which jnby clothing agreed to acquire, and Huizhan Technology agreed to sell all equity of the target company Hangzhou Muli Brand Management Co., Ltd. The consideration for the acquisition is 1,672,000 yuan. The target company mainly engages in the sale of a designer brand called 'B1ock', which was operated by Huizhan Technology before the establishment of the target company. As of the date of this announcement, the target company is wholly owned by Huizhan Technology.
There's Reason For Concern Over JNBY Design Limited's (HKG:3306) Massive 50% Price Jump
