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Lol , you got it, more training than lessons , 4.30am alarm and in the pool at 5am!!! :-)

JD.com signs “boundaryless retail” tech deal with Ruyi

JD.com, China’s largest retailer, has confirmed that it has signed a strategic agreement to provide e-commerce technology to Ruyi, the owner of global fashion brands including Aquascutum, Cerruti 1881, Sandro and Maje.

In a press statement, JD stated that it will deploy its full suite of “boundaryless retail” technology, including smart logistics, supply chain solutions, big data-enabled inventory management, and membership systems to establish a retail management system for Ruyi’s subsidiary brands.

In addition, Ruyi will also deploy JD’s virtual and augmented reality shopping technology in its brick-and-mortar stores, to offer customers a seamless shopping experience.

The companies will also jointly build fashion and lifestyle “future of retail” concept stores in Beijing and Shanghai first, to showcase JD’s smart retail technology as part of JD’s ‘Retail as a Service’ strategy, where it offers its technology and infrastructure to retailers and brands.

The partnership will also see Ruyi and JD expanding their existing efforts to bring Ruyi’s portfolio brands to JD’s over 300 million customers. Ruyi already operates several flagship stores on JD.com, including Cerruti 1881, Kent and Curwen, and D’Urban, and will add stores for Sandro, Maje, Aquascutum, and its other brands on JD’s platforms.

Commenting on the partnership, Yafu Qiu, chairman of the board of Ruyi Holding Group, said in a press release: “This wide-ranging partnership agreement will help upgrade Ruyi’s capabilities across the online and offline spectrum. JD’s unrivalled expertise in e-commerce and advanced logistics capabilities makes it a great partner for Ruyi as we take a world class fashion group into the future.”

https://fashionunited.uk/news/business/jd-com-signs-boundaryless-retail-tech-deal-with-rudi/2018091038766

APPAREL

Ethiopia Wants China to Help Boost Its Textile Manufacturing Industry

A special adviser to Ethiopian Prime Minister Abiy Ahmed said in an interview that recruiting China for help will be crucial for boosting its growing textile manufacturing sector.

This is something we've touched on before—countries outside of the usual manufacturing hubs (like China and Vietnam) are increasing their presence in the international textile manufacturing game, and Ethiopia is high on that list. What's new is the way Ethiopian officials are being so up-front about their need for China, a perceived competitor, to help them get there.

According to the interview with Xiinhuanet, the adviser, Arkebe Equbay, said that China could help Ethiopia hit $30 billion in revenue from textile manufacturing in 10 years.

https://magazine.promomarketing.com/article/ethiopia-wants-china-to-help-boost-its-textile-manufacturing-industry/

Lol.....as this is my 7,777 post......I was going to say all the 8's.....8.888p, and 8 is a very lucky number in China.....Bagir's current sales turnover is c$50m and so you can imagine the increase in sales and profit by the the time production is ramped up at the Ethiopian manufacturing base and a flow of new business and supply contracts arrive as Ruyi opens up the Chinese market to Bagir....10p will equate to a market cap of c £67m and so easily achievable under Ruyi's direction and influence....Good luck all holders....Transformational Dale news fast approaching...:-)

Waiting for the US market to bounce back up....Gl:-)

"focuses its energy on bringing those acquired brands to China".......Ker-Ching!!! :-)

After some past difficulties, Bain stressed that Chinese companies are learning as they go and making smart adjustments when buying up foreign enterprises.

The report noted that companies are avoiding mistakes by being more rigorous and strategic in how they approach foreign acquisitions as well as more skillfully dealing with cultural issues.

"In the past, many Chinese acquirers assumed that they would need to take full control of, or at least strongly influence, the management of an acquired business," said the report.

"Now, leaders take a more sophisticated approach," the report said, citing the example of clothing giant Shandong Ruyi Technology Group which learned that "it pays to use a lighter control model." The company typically leaves the acquired company's brand management team in place, and instead, focuses its energy on bringing those acquired brands to China, according to the report.

"China's outbound boom will only continue as companies look to capture new capabilities that strengthen their domestic position while also growing overseas for a leadership position in industries in which they can gain a competitive edge," the Bain report noted.

https://www.cnbc.com/2018/10/12/chinese-firms-spend-less-on-overseas-deals-but-are-more-strategic-.html

Well there lies the opportunity for for those invested, whenever the Ruyi deal Rns arrives the sp will be marked up accordingly and those not holding will miss out on the significant re-rate, and with Ruyi's $16.5m cash and their 54% controlling stake confirmed it's very likely that there will be a flood of new investment by big players and institutions in the knowledge that Bagir's growth , prospects and potential will be transformed under Ruyi's direction and influence. We might have to wait until December although Bagir's CEO stated "shortly" which suggests soon and not the end of the year....watch this space.....Exciting times for those invested...On and Up!!! ;-)

2.5p now if you want some.....news could drop next week and even Monday for all we know. Gla ;-)

Cheers primesy, any day now as i'm sure Ruyi will want have everything sorted as soon as possible to take full advantage of the duty free Ethiopian manufacturing base and take Bagir to another level with new business and supply contracts, making sure that their investment and profitability rises significantly in value as their expansion and development plans are implemented......On and UP!!! Gl ;-)

A sudden and significant re-rate "shortly".....anyone else expecting deal news this month and a return to upward momentum in sp in anticipation??? Tick Tock............. BOOM!!! :-)

Chinese Outbound M&A Deal Activity Represented More Than 40 Percent of Deals in Asia-Pacific From 2015-2017 – However Share of Volume Decreased Dramatically in 1H 2018

Bain & Company’s second China outbound M&A report identifies a winning formula to help companies use acquisitions to win both at home and overseas

/EIN News/ -- BEIJING, Oct. 11, 2018 (GLOBE NEWSWIRE) --

2 Develop a repeatable model for outbound M&A with disciplined capabilities.

Shandong Ruyi sets a standard for repeatable outbound M&A, as the company started life as a regional woolen mill, textile and apparel manufacturer. Since 2010, and with the help of a dedicated team, Ruyi acquired more than 10 companies, focusing on integration along the textile and apparel value chain.

A hallmark of its repeatable approach is to keep an acquired company’s operating model largely unchanged and to retain key employees. The formula works well: The strategy of engaging in frequent acquisitions has helped the company double its stock price over the past five years.

https://tech.einnews.com/pr_news/464729794/chinese-outbound-m-a-deal-activity-represented-more-than-40-percent-of-deals-in-asia-pacific-from-2015-2017-however-share-of-volume-decreased

2.4p plus if you want some....Transformational news at anytime, and no doubt a few regrets from those that have recently sold on the drop, when the Ruyi deal Rns lands. Gla ;-)

Tick Tock:-)

One thing for sure, when news of Chinese regulatory approval and the payment of $16.5m and Ruyi's 54% controlling stake arrives, there will be plenty who will wish that they hadn't sold........news could drop at anytime and a sudden and significant re-rate when it does. Gla Holders....Hold on tight and enjoy the ride.......or miss out on the no brainer of no brainers!!! ;-).

Shortly!!! Gl :-)

I'm not that surprised, as the deal isn't done until the $16.5m cash etc is in the bank and the perceived delay on Chinese regulatory approval has caused a few to jump ship....a decision no doubt they will regret when news lands....in the meantime the sp is far higher than it was a couple or so weeks ago when we were awaiting the EGM and shareholder approval, and so I'm expecting a significant re-rate when Bagir have the cash in the bank and Ruyi have their 54% controlling stake.....it's going to be BIG!!! :-)

2 x £5k buys....the smart Money is accumulating....good news could drop at anytime.. Gla :-)

Why Chinese Investors are Buying into the Global Luxury Sector

October 9, 2018

https://jingdaily.com/chinese-investors-global-luxury/

From the current 310m shares in issue 56.78% of the Company's AIM securities are not in public hands, Ruyi will soon be holding 360m new shares representing 54% of the enlarged share capital which means the % of shares in free float will drop significantly, and as we await regulatory approval from China and the payment of $16.5m cash from Ruyi. i wouldn't be surprised if friends and associates of Ruyi will start and have already started buying into Bagir in anticipation. ....the smart Money is accumulating.....Fill Ya Boots!!! Gla ;-)