Very soon.

A breaking news.

Let everyone present know what was going on and why the Wexnay brothers suddenly changed their face and left.

[White Knight Rebellion? Oasis Investment has acquired 59.74% of the shares of LB Clothing Group and officially became the largest shareholder of LB Company]

The first to post this news is Facebook’s official account. As one of the largest Internet social media in the world, Facebook sometimes gets the first-hand news and it will forward it immediately.

Just like today.

The content of this news is as follows:

[Oasis Investment’s lead in acquiring LB Clothing Group (limited brands) has attracted much attention.]

[Recently, the clothing group released its 2018 fiscal year performance report. Being dragged down by Victoria's Secret... Even if the clothing category is slightly profitable, in 2018, limited brands' sales fell 7% year-on-year to US$2.678 billion. The profit before interest and tax was -131 million US dollars, higher than the -86.96 million US dollars in the same period last year.]

【This is an annual report card with both sales and profits hitting record highs.】

【Of course... this is counter-growth!】

[Victoria's Secret Ceo Siri Weikesnai once said: "This year, our sales and profits are slightly short of stable, but this is a strange economic downturn! Our new strategy is about to achieve results, and most of our businesses are making good progress. We will definitely make profits next year!"]

[Listed brands founder - Les Wexner, founded the first clothing store in 1963. With its outstanding taste and keen sense of business, Wexner has positioned its brand as a teenager, especially young women. Accurate product development and genius management made the company a hit. The company includes chain stores such as Victoria's secret, bath & body works and the Express, with more than 8,000 employees.]

[In the past few decades, the company has continued to expand in the clothing industry. The latest 2018 financial report shows that outdoor sector sales increased by 10% year-on-year to US$1.661 billion. The growth momentum in the Asia-Pacific region mainly comes from China and Japanese pirates. Among them, clothing sales were 586 million US dollars, an increase of up to 5%, shoes fell by 4%, and jackets 14%.]

[In addition, Victoria's Secret sales were 1.638 billion, a year-on-year increase of -13%. The sales of the underwear department increased by -4%, reaching US$379 million.]

[From the regional market perspective, the sales of the European, Middle East and Africa (emea) markets were US$1.163 billion, accounting for 43% of the total sales, the sales of the Americas were US$1.124 billion, and the sales of the Asia-Pacific market increased by 7% year-on-year to US$392 million.]

[In fiscal year 2018, the company's direct sales channels were outstanding, with sales increasing by 19% to US$329 million. Among them, the growth rate of e-commerce business was 24%, the growth rate of own retail business was 14%, and the growth rate of same-store sales was 7%. As of the end of 2018, the company had a total of 364 retail stores, with 40 new stores added during the period and 42 closed.]

[The company expects that sales and profits in 2019 will further grow based on 2018. The group will focus its strategic focus on clothing and shoes categories, direct sales business, China and American markets.]

[To sum up, excluding the annual losses, the annual losses are extremely serious, and the minimum annual losses exceeds 89.65 million US dollars.lb Clothing Group is a group with steady performance and continuous high profits.]

[But no matter how the company's other businesses grow, they will never be able to fill in the losses and bottomless pits caused by Victoria's Secret!]

[Before Victoria's Secret cannot maintain self-profitability! This unhealthy financial state of lb cannot end!

[At this time, Oasis Investment took action against LB, and the outside world was unanimously unfavorable...]

[It was even more rumored in the middle that Buffett intervened in this acquisition case. He transformed into a white knight and helped the Wexnai family resist malicious acquisitions from Oasis Investment.]

[But in the evening, the author received the news. Oasis Investment announced that they officially acquired more than 59% of the shares, owned 61% of the voting rights, and absolutely controlled lb Group!]

[The incident happened suddenly, and the ins and outs are unknown for the time being... Please look forward to the detailed report tomorrow...]

This report has everything from lb's data to Victoria's Secret's data. The irony of the rest of lb's businesses is almost profitable, and according to other businesses, it is profitable. But the most important and famous Victoria's Secret, the world's top model brand, is losing money.

And the losses are particularly serious.

The lb Clothing Group, which was originally profitable, turned into a loss because of the drag on Victoria's Secret's business.

To put it simply.

Victoria's Secret's parent company LB makes money, but in order to make up for Victoria's Secret's losses, making money turns into losses.

Victoria's Secret became a drag!

This "Beautiful Physical Exhibition", a business with such high annual ratings, has become the biggest drag of LB Group!

Very ironic.

But this is reality.

The article is not detailed at the end, only saying that Oasis Investment has completed its absolute control over LB Clothing Group. Especially in the most important voting rights in a listed company, it has achieved extremely high control.

Such a high control.

It already means that Oasis Investment has the right to kill the lb clothing group.

After reading the entire content of this news.

Only then did the guests on the first and second floors know why the Wexner brothers, who are so arrogant and have such a good self-feeling, leave so anxiously.

nonsense!

The company on which you live.

They have become the meat on other people's pads. In front of the butcher holding a butcher knife to cut the meat, he shouted loudly with a piece of meat: "Cut me! Cut me! I'm here, you cut me!"

It's really stupid.

"Puff..."

After reading the full news.

Michael Jordan couldn't help laughing.

He thought of the arrogance of the brothers Weixner in front of Abel just now, and the arrogant sense of middle-classness.

The God of Basketball shook his head funny.

"This plot really looks like it was played in Hollywood... No, Hollywood didn't act like this. I didn't expect it to happen in reality."

"What a great show."

Mr. Bean, the famous British actor, commented on Rowan Atkinson.

Michael Jordan looked at the respectable actor, who brought up the image of a fool with his doctoral acting skills to make everyone laugh. He is the real big star, a top actor, not a star.

"actually……"

Michael Jordan said in a low voice: "It proves from this aspect. How amazing is this gentleman's wealth and how amazing is the means. Even the rumored white knight Buffett of Weixner can't fight against him!"

"yes!"
Chapter completed!