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ITOCHU Textile and Bosideng Deepen Strategic Cooperation
June 19, Japan's ITOCHU Textile President Xiao Guanxiu together with the senior management team made a special trip to Bosideng Group, to deepen the strategic cooperation matters, by the Bosideng Group Chairman Gordon warmly received. Wang Chang, party secretary of Changshu, met Xiao Guanxiu, hoping the two sides will step up cooperation and promote development. Secretary Wang Kuo said Bosideng is an internationally renowned leading brand in Chinese textile and apparel and a leading local enterprise. As a world-renowned integrated trading company, Itochu owns a large scale of trade and market interests in China. ITOCHU and Bosideng's cooperation will be win-win. Bosideng can promote Bosideng to draw lessons from ITOCHU's international management experience, improve the management level and efficiency of enterprises, speed up the internationalization, multi-brand strategy and diversified development, and promote the improvement of Changshu textile and garment industry. At the same time, ITOCHU's development in China also needs in-depth cooperation with Bosideng and other companies to find a localization and market-oriented channel in the process of its internationalization. Changshu municipal government attaches great importance to this cooperation and is willing to serve the further deepening of bilateral cooperation so as to create a sound business environment. We hope this cooperation will contribute to the economic and social development of Itochu, Bosideng and Changshu. Chairman of the Board of Directors of GAO Dekang, vice president and senior executives held a strategic seminar with Xiao Xiu Xiu and conducted in-depth exchange of views on further strategic cooperation and reached a number of consensus on development. High Dekang said Itochu has 158 years of history and more than 150 brands, with rich international and diversified development experience, management thinking and corporate culture inheritance, which are worth Bosideng serious study. The strategic partnership with Itochu helps to bring about the complementary strengths and win-win benefits for both markets at home and abroad, and enhances the ability of multinational operations to propel Bosideng into the international market. Komori one said Bosideng in the field of down jackets in China in a leading position, the two sides have reached a consensus on cooperation, the formal establishment of partnership will integrate the two sides resource advantages, relying on international strategy to expand the Chinese market. He is very optimistic about the prospects for the development of China's economy and hopes that the full integration of the company into China's economic development will surely yield even greater results.