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Chapter 550 The situation is crushed(2/2)

This is the ability that big shots must have!

Since his purpose is to build a fashion empire, these things are equivalent to the foundation.

Now that the foundation has been laid solidly, it will be easier to build it up.

...

The higher the brand, the more topical it is, the easier it is to attract everyone's attention. This is caused by positioning itself.

However, in areas where people are not paying much attention to, Preferred Products is expanding at an astonishing rate.

This "cheap brand" that is rarely mentioned in the fashion circle is actually the pillar industry of the Wangye fashion empire.

There is a saying that goes, "make a fortune in silence", and it is obviously like this for Preferred Products.

Regarding the    top    shop, Wang Ye has long discussed the difference between Fusheng Ruomeng and Preferred Products.

Although high-end brands look cool and have super high profits, they have too many limitations.

To give the simplest example, you will know the difference.

Chanel is doing well. Chanel's perfume, bags, and clothing can be said to be in the top three in their respective fields. This is also the only luxury brand that has achieved the top level across several fields.

Moreover, the Chanel brand is privately held and is not listed!

Logically speaking, Chanel's boss should be very rich.

But in fact, there is no...

Although the financial data has never been made public, many media have estimated the company's profit data.

The two bosses behind Chanel are Alan Vadmore and Geral Vadmore, who are brothers.

The two brothers each hold 50% of Chanel's shares and are the grandson of Pierre Vadmore, a partner of Ms. Coco. The origin of the Vadmore family is comparable to that of the Rothschild family in the financial field. The Vadmore family itself originated from Germany in the Middle World, but after several generations of changes, it has been completely Frenchized.

These two brothers have completely controlled Chanel for so many years, how much is their net worth? Together, they only cost 9.7 billion US dollars!

It seems that there are quite a lot, but if you compare it with your peers, it is not enough to watch it.

Zara's positioning and influence are incomparable to Chanel. So what is Zara's boss' worth? Last year, the Forbes ranked first on the rankings, with a net worth of 56.7 billion US dollars!

Uniqlo, this brand is incomparable to Chanel. So how much is the boss of Uniqlo worth, with a net worth of more than 40 billion US dollars, making him the richest man in Japan!

Even far exceeds SoftBank CEO Masayoshi Son, who is well-known in the Internet field!

This is what it means to be a "cheap" brand and a fast sales brand.
Chapter completed!
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