Chapter 956 The Rhythm Is Out of Order

"President, I'm sorry, Sumitomo Bank rejected our financing."

Kazuo Wada looked solemn. Since last year, Yaohan's performance has begun to decline. To be honest, if it is not for the support of the Chinese side, the current largest department store in Asia may collapse at any time.

Generally speaking, stores like Yaohan are more sensitive to the economy. You are really high-end, those rich ladies don't care about the economy. If you want to save, you may buy less jewelry.

Clothes and bags?

If this thing also needs to be counted, then something really big will happen. Anyway, since the family didn't file for bankruptcy protection, they might not feel anything about it.

Yaohan is different, their target customers are those with middle or upper middle income. Since 1995, there have been huge losses in Asia.

More than half of the 450 stores in 16 countries are losing money. Except for the foot basins, few in Asia make money.

You know, this is not a good phenomenon. Before that, the company's main profit point, besides the foot basin, was Southeast Asia.

"Then, Manager Ogawa, shall we contact Mitsubishi? Or, HSBC here in Xiangjiang should also try."

"I understand, I will contact you right away."

Kazuo Wada understood that before that, the relationship between him and those chaebols in the foot basin was not harmonious. It's easy to say, you're from the countryside, and you're totally reckless.

We all collect turnover, and you buy it out directly. Really rely on, do you know the rules?

For the commercial organization of the foot basin, don't say anything about changing the rules, you can't change the transportation company. What company is responsible for quality inspection, what company is responsible for transportation, it has been like this for decades.

Well now, a savage has appeared, who is completely reckless and messy.

Caught off guard, Takashimaya, Isetan and Jusco were thrown into a panic. Before the traditional department store giants in the foot basin could react, Yaohan went directly across the ocean to Brazil.

Nani, the international giant?

This is unreasonable.

What about you, didn’t you run a grocery store before?

Is this an earth stick counterattack?

Why did Kazuo Wada focus his development on Rabbit Country and Xiangjiang?

In fact, he couldn't help it. In the foot basin, he encountered unimaginable resistance. If it hadn't been for the development in Southeast Asia in the past two years, his Yaohan would have died long ago.

The interest groups behind department stores are not that simple. You have offended all these guys, how could you help you at this time?

"Loans? Convertible bonds?"

"Hehe, Filson, such a small business can't reach your desk no matter what. Tell me, I'm in the hot spring right now, so you can make a long story short."

"Well, they should have serious financial problems. It is very strange that the money in the foot basin should not be tight. This kind of convertible bond is a tradable bond, and the risk level does not seem to be high."

"Hahaha, hahaha, Filson, this is offending people. It's a footbath department store with hundreds of stores around the world, headquartered in Shanghai.

Cough cough, Filson, I am also very optimistic about the development of Shanghai, tell me, should I also put the headquarters in White Square in Shanghai? "

Filson understood that this was a footbath who had been tricked by his compatriots. However, he didn't call to talk about a department store. For this matter, there is no need to disturb the boss's vacation.

"Ahem, boss, we found a strange phenomenon. Since the second half of last year, most stores in Southeast Asia have lost money."

"It started last year? That's not right. The GDP of these countries has grown by at least 5%. What happened?"

"Based on their customer positioning, the middle-income group seems to have reduced consumption significantly.

We look for the reports of those luxury brands, and their sales have increased by at least 10%. Boss, this is very bad, if the middle-income group does not have the enthusiasm to consume..."

"I see, you go to check the default and consumption ratio of credit cards. They are just getting used to using this stuff now, I hope they don't learn from Americans. By the way, there is no need to check in Rabbit Country. Guys who use credit cards, except for pretending 13, I’m afraid it’s a crooked nut.”

"Okay, boss, how many days are you staying on Lanai?"

"In a week, when I go back, I will have a detailed report in my hand. By the way, the IPO will be done as soon as possible. Why do I have a bad feeling?"

Not to mention William White, Felson also felt the same way. Therefore, before a major change occurs, it will be safer to reserve more cash in your hand.

William White let out a long breath, looking at the little assistant with a strange expression, feeling a little uncomfortable in his heart. This guy, getting more and more unruly, actually took advantage of his phone to sneak attack. The most embarrassing thing is that the sneak attack succeeded.

Nima, I don’t know if my buddy’s bullets are not enough, the quality is not very good. Forget it, let's eat oysters tonight. It's really easy to be impulsive when the weather is hot.

"Okay, stop pouting your lips, you almost bent over, bring me a glass of ice wine, I want to soak for a while. By the way, I want to have a seafood dinner for dinner."

"Okay, as you wish, get ready right away."

The amber juice slowly flows into the mouth along the straw. The feeling of comfort quickly spread. Drinking ice wine with a beer glass and using a straw is really no one.

After calming down his irritability, William White began to study and judge the current situation.

The situation seems to be a little bad. If the Asian financial turmoil strikes ahead of time, will it be a good thing or a bad thing. This damn butterfly wing, by the way, what the hell is wrong?

It should have affected someone or something that made the situation in Southeast Asia deteriorate in advance. As for Yaohan, the reason for the difficulty in financing may also be him.

Yes, Yaohan does not have a good relationship with the foot basin bank. However, in business talk business, if there is a guarantee, the possibility of unwillingness to borrow money is almost non-existent.

In the game, William White didn't think about it for a while. When he returns to the United States, I'm afraid he will know.

For the five companies he threw out, the capital market has gone crazy. How to get more stocks is already an obsession.

Not only the United States, but also the foot basin and Europe. Then, the money in the capital market will inevitably be less. With such a big movement, how could it not be affected.

Isn't there a theory of six-dimensional space? Everyone in the world can be connected through six people.

One person, even if this is the case, five high-tech Internet companies are basically at the level of nuclear bombs.

Unlike the US Emperor, the foot basin people are simply crazy about that hive. A group of bigwigs from Wall Street are scratching their heads. They really don't understand. The most sought after here is So easy, and ICQ is the same thing.

As for the hive, more people think it is a tying sale. However, the foot basin people obviously don't think so. In their view, this stuff is the most worthwhile investment.

Not only the United States needs it, but also the foot basin. This thing is great, just like that vending machine, there are infinite possibilities in the future.

As for the Amazon that has been blown up to the sky, the foot basin person said that he couldn't understand. What is the difference between this stuff and the mail order of the foot basin?

If we must say that there is a difference, we use magazines, and you use the Internet. Saved a little printing cost, is it necessary to be so embarrassing?