Has nothing to do with the global financial crisis - ITAT Why is there a management crisis-.docVIP

 PAGE \* MERGEFORMAT 7 Has nothing to do with the global financial crisis - ITAT Why is there a management crisis? The global financial crisis swept like a tempest, manufacturing, foreign trade has been an unprecedented blow, we have begun to explore a policy for the winter. In addition, this year seems to be troubled, and some barely affected by the financial crisis there have been a big problem. One is Huang Guangyu style now behind bars; One is Wang Shi-like loose lips; a category is Niu Gensheng, Li of the public crisis; there is a category that is authon country-style management crisis, but they are with the global financial crisis has little to do. Now, we mainly look at authon country-style (including PPG) where the origin of the crisis management? Internet search on the EU-pass the country’s first ITAT model was widely reported in the media and that this pattern will make ITAT a country the United States or Suning garment industry. 2007 to early 2008, the EU-pass the country’s media exposure, and no less than Li and Niu Gensheng are. ITAT’s business model: love ‘triangle chain’ Audio-Technica Union and the interests of the Community: the ‘clothing manufacturer ITAT Group, commercial real estate business’. From the clothing manufacturer (supplier) is responsible for supply; commercial real estate (property) is responsible for the service of property sites; while ITAT is responsible only for store renovation and operational management, and has control over the cash register and personnel management. This asset-light model no doubt that investors are very attractive: You can achieve ‘zero money, zero-field rental, zero inventory’, that is, ITAT upstream suppliers to the consignment, rather than pay the purchase price in advance; floating market rent, according to monthly sales, according to the proportion of each store with the settlement, rather than the signing of the lease contract in advance; by suppliers bear the inventory pressure and logistics