On December 8th, Inditex "fashion & classics" authorization signing ceremony was held in Beijing. Hao Yanling (president of New Cooperation Group), Gao Guojin (executive vice president of New Cooperation Group), Yuan Suning (vice president of New Cooperation Group), Liu Yuezhong (assistant president of New Cooperation Group & chairman of Beijing New Cooperation Ruitong Co., Ltd.), Tang Rujun (general manager of Jiangsu Yueda South Holding Co., Ltd.), Jose (president of Shanghai BiandSu Garment Co., Ltd.) attended the meeting. Representatives of China Commerce Association for General Merchandise and more than 60 distributors also participated.
In the ceremony, an exclusive distribution authorization contract was signed by Beijing New Cooperation Ruitong Co., Ltd. and Shanghai BiandSu Garment Co., Ltd. New Cooperation Ruitong was authorized as exclusive distributor in designated areas of China of off-season clothes of six Inditex fashion brands including Zara. Hao Yan pointed out in his speech that for New Cooperation, clothing marketing was a new attempt, a new chance and a new challenge. He hoped that New Cooperation Ruitong would take advantage of the new cooperation to explore in the new business field and to offer clothes of high quality and low price to consumers. He believed that with efforts, the cooperation between two sides would achieve satisfactory results.
The cooperation between Beijing New Cooperation Ruitong Co., Ltd. and Shanghai BiandSu Garment Co., Ltd. would be a "common development based on complementary advantages ". With rich experience, Shanghai BiandSu Garment Co., Ltd. would offer stable supply channels, to ensure product quality and price advantage. On the other side, New Cooperation Ruitong, with sales network advantages in tier 3 cities, tier 4 cities and rural areas, would strive to provide fine clothing of high quality and low price to consumers and win-win solutions for manufacturers, distributors and consumers.