One of Xtep's companies is cancelled! World-renowned shoe enterprises have announced their delisting and are about to be acquired by tender offer.

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One of Xtep's companies is cancelled!

Tianyancha App shows that recently, the business status of a clothing co., Ltd. in Fujian Xtep changed from surviving to cancellation.

The company was established in March 2016, and its legal representative is Ding Meiqing with a registered capital of 10 million yuan. Its business scope includes clothing wholesale, textiles, knitwear and raw materials wholesale, shoes and hats wholesale, sporting goods and equipment wholesale, etc.

According to shareholder information, the company is wholly owned by Xtep (China) Co., Ltd..

Tod's, a world-renowned shoe company.

Delisting application approved

Be about to be acquired by tender offer

Consob, the regulator of the Italian stock exchange, has given the green light to the tender offer that intends to delist Tod's Group.

Recently, L Catterton, the world's largest consumer private equity investment company under LVMH Group, has applied for privatization and delisting of Tod's, which has been approved by Italian companies and the Exchange Commission.

The voluntary tender offer was officially launched on March 25th and ended on May 8th.

According to the terms of the transaction previously disclosed by both parties, L Catterton will acquire about 13 million shares of Tod's SpA at a price of about 512 million euros (about RMB 4 billion) through its subsidiary Crown Bidco, and the final shareholding ratio will reach about 36%.


Source: many media

Photo: Tod's official website screenshot

Recently, the business status of Ningbo Leding Fashion Clothing Co., Ltd. changed from surviving to cancellation, which may be due to the merger or division of the company.

The company was established in October 2010 with a registered capital of RMB 5 million. Previously, the company and Taiping Bird were sued by Esther Yu for a dispute over network tort liability. It is reported that Esther Yu once served as the spokeswoman of the women's clothing brand Le-CHO.

In the first three quarters of 2023, Taiping Bird continued to shrink the size of its stores, with a net decrease of 175 stores in Lechou, and the number of closed stores reached 30%. At present, there are only 397 stores left. In the first half of 2023, Le-CHO's revenue decreased by 26.6% year-on-year, accounting for 10.7% of the total revenue of Taiping Bird.

TOD'S is a famous Italian brand of shoes and leather, which was founded by Diego Della Valle in 1970 and headquartered in San 'el Pidio Amare, Elpidio.

At the beginning of last century, Tod's was founded in Casette D'Ete, near the province of Fermo in Marche, Italy. At first, it was just a small shoe factory. Until the 1940s, Mr. Dorino Della Valle developed into a large-scale group. His son, Mr. Diego Della Valle, is the current chairman and chief executive officer of Tod's Group.

On November 6th, 2000, Tod's Group was officially listed on the Milan stock market.

Taiping Bird's Leding Clothing Company cancelled.

Was sued by Esther Yu for infringement.

Recently, the business status of Ningbo Leding Fashion Clothing Co., Ltd. changed from surviving to cancellation, which may be due to the merger or division of the company.

The company was established in October 2010 with a registered capital of RMB 5 million. Previously, the company and Taiping Bird were sued by Esther Yu for a dispute over network tort liability. It is reported that Esther Yu once served as the spokeswoman of the women's clothing brand Le-CHO.

In the first three quarters of 2023, Taiping Bird continued to shrink the size of its stores, with a net decrease of 175 stores in Lechou, and the number of closed stores reached 30%. At present, there are only 397 stores left. In the first half of 2023, Le-CHO's revenue decreased by 26.6% year-on-year, accounting for 10.7% of the total revenue of Taiping Bird.

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