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Chapter 472 Lotte please help

The world retail market is not calm in June. The world retail giants in North America have entered their third month of competition for the market. Various discount activities are still continuing, without any intention of stopping.

In the Southeast Asian market, major giants and local retail are in chaos, and each company is striving to stick to some markets and is waiting for an opportunity to enter other markets.

In East Asia, Lotte opened dozens of stores in Baodao and Xiangjiang in high-profile manner. As the overlord of the two places, Lane Crawford, has joined forces with brother companies and Huikang to unify retail and target Lotte, hoping to drive Lotte out of the two major markets

.

The retail market in South Korea is also very lively. Successful Department Store and Cosway also have many stores opened at the same time. Dongquan Retail has also reached a cooperation with Doosan Group. The two parties jointly built Doosan retail companies and announced that they will be in Seoul, Busan, Daegu and other places.

The first batch of 20 department stores were laid out.

If the entry of Success Department Store and Cosway is just a jackal for Lotte, the establishment of Doushan Retail is an evil tiger.

Especially when he learned that the president of Dongquan Retail Group was Tang Jianming, the Lotte executives felt even more chilling. They knew that the Xinjian Group was preparing to snipe them in various markets.

Facing the giant Xinjian group, it is obviously not something that Lotte can deal with alone. As Lotte's president, Singh Hao specially invited Zheng Zhouyong, Lee Kun-hee, Kim Woo-chung, Zhao Chongxun, Choi Tae-won, Gu Zi-hung and others on the evening of June 12.

These people are basically the helmsmen of the top business families in South Korea, and their industries cover all aspects of the Korean industry.

"I'm here today. The main purpose is to hope that everyone can lend a helping hand to me, Lotte.

I believe that everyone knows the current situation in the world business world. The Western European business consortiums are not discussed at the moment. The most offensive consortiums are mainly the top ten consortiums in the United States, the six consortiums in Japan and the Donghua Consortium in Hong Kong.

Now a situation has formed where six major Japanese consortiums joined forces with the Tohoku Tohoku Consortium to fight against the U.S. consortiums, and six major Japanese consortiums and the Tohoku Consortium have large-scale attacks on the basic market of the U.S. consortium market.

Whether we start from historical reasons or the actual needs of our own development, we can only choose to unite with the United States. Only in this way can our industries go out of the local area and compete with Japan, Hong Kong and Baodao companies for the market.

I believe you can also see that Li Jianhui and the Donghua led by him are domineering. As long as the industries that can be entered are in monopolistic, they can't wait to be able to monopolize them.

You should know that the other party has more than just retail industry, finance, electronic semiconductors, automobiles, shipbuilding, steel, transportation, petrochemicals, communications, food and beverages, film and television media, etc. In addition to the military industry, most industries in Donghuahui have

Involved.

Now we are grasshoppers on the ropes. If we Lotte falls, the next one may be your group.”

Listening to Singhhao's words, Zheng Zhouyong and others also felt deep down. Although many people wanted to see the Xin family's unlucky, they would definitely not want the market vacant from the Xin family to be occupied by foreign capital.

And they have to admit that what Singhhao said is true, because South Korea's industrial layout is highly consistent with the industrial layout of Japan and Hong Kong Baodao, and I have it in the three parties.

If South Korean industries and products want to go global, they need to compete with the industries of Japan and Hong Kong Baodao.

Due to their own development reasons, compared with Japanese and Xiangjiang Takashima companies, they entered the Southeast Asian market on a large scale. Currently, the capital of Japan and Xiangjiang Takashima is dominant.

Especially the Xiangjiang Baodao companies, which have been increasing their investment scale in ASEAN in the past two years, Malay and Thailand have become the world of Xiangjiang Baodao companies' products.

The Japanese business community is also strong in the Philippines and Indonesia markets. Currently, Japan ranks first in foreign investment in these two countries. Whether it is automobiles, home appliances, industrial manufacturing equipment or civilian merchant ships, Japanese products dominate.

However, the good news for the Korean business community is that the Donghua Consortium is obviously not satisfied with the fact that it only takes the dominance of the Malay and Thai markets. It has recently begun to enter the Philippine market on a large scale, and it will inevitably have conflicts with the Japanese business community.

As long as these two sides move from alliance to opposition, then the opportunity for the Korean business community will come. They can learn from the former Donghua Association and rise quickly while the two companies are not in a position to target them.

"I believe everyone has a general understanding of the strength of the Xinjian Group and even the Donghua Association. This time, targeting Lotte is obviously just the beginning. Since we started with the American Consortium Alliance, we have already stood opposite to the Donghua Association.

I believe the Doosan Park family is just the first ally it has chosen in our South Korea, but this will definitely not be the last one.

The ultimate goal is to support a group of families close to Donghuahui to develop rapidly, so as to seize the market of our industry, trampling us on various companies, and dominate the Korean business community.

At this time, I also hope that everyone can give up some of the previous grievances, unite and jointly respond to the attacks of the Donghua Association.

I am willing to reach a strategic cooperation with Lotte. In order to show my support for Lotte, I will launch an initiative to the company's employees and hope that they will go to Lotte for shopping as much as possible."

Later, Lee Kun-hee, Choi Tae-won, Jung Joeyong, Kim Woo-chung, Cho Chong-hoon and others expressed their willingness to deepen cooperation with Lotte, and at the same time, they would issue initiatives in their industries to provide support to Lotte.

"Thank you very much for your help. With the development of the situation, it is difficult for a single family to compete with the world's consortium. In this regard, Xiangjiang Baodao is obviously ahead of us. In order to make our industry more competitive, I also hope that all of us will be

We can unite to form a world-wide business alliance and lead our Korean companies to compete for the market with Japanese, Hong Kong Baodao, and even American companies around the world."

Unfortunately, those present did not respond immediately to Singhhao's proposal. Establishing a consortium cannot be decided in just a few words. Moreover, a consortium always needs a person to talk to. No one of the strengths present is much lower than anyone else. Which one

No one in the upper hand will be convinced.

Moreover, even if several companies join forces, they will not reach the height of a world-type consortium in a short period of time. Although they have a wide range of industries, when it comes to assets, they can only join forces with the three major conferences of Xiangjiang Xinhong, Xinya and Xianghua.

It’s almost the same, even the Nanjiang Association cannot compare, let alone the Donghua Association and Mitsubishi, Mitsui, Citigroup, Morgan and other consortiums.

However, Singh Haode's proposal still made the present moved. Perhaps they could not jointly establish a consortium, but South Korea is not only their top families. They can completely unite some small and medium-sized families and bring out their own forces.

.
Chapter completed!
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