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BELLE International Purchases Mainland Shoe Manufacturers To Improve Brand Portfolio

BELLE pointed out that the acquisition will improve the group's current brand portfolio, so that the group owns and runs its own brand in the high-end casual shoes category. At the same time, a joint venture with Baroque is set up to expand clothing and accessories business. The investment is estimated to be no more than 924 million yuan. Long ho Tian and BELLE are in the same industry category. It is expected that after the acquisition and BELLE will be able to achieve synergy and benefit from