2010-08-02

Luxury brand makers scent more profits



I chose this article because I like this brand name. This brand is interesting and very expensive but it very beautiful. Last month, Burberry, The biggest United Kingdom China bought a franchise for $ 107,650,000 to compound its brand. After finished managing 50 shop boutiques and assets of its Chinese partner, Hong Kong - based Kwok Hang Holdings, They will manage one by one with Burberry. Moreover, this brand will open 10 shops and distribute to other countries.
Currently, Burberry has 50 franchises in 30 cities.


http://www.chinadaily.com.cn/business/2010-08/02/content_11079513.htm


In my opinion, I think franchising is the company that can make a lot of money and that capany will not want to do something if the frachise was bigger. They will earn a lot of money.

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