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LEVI'S
District Manager With Russian, Export Markets, Warsaw Office
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L'OREAL GROUP
Brand Manager Hub
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Treasurer
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Business Process Improvement Manager Ssc
Permanent · Warsaw
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Permanent · Warsaw
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Retail Operations Manager
Permanent · Warsaw
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Business Analyst
Permanent · Warsaw
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Online Brand Manager Kiehl's
Permanent · Warsaw
L'OREAL GROUP
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Permanent · Warsaw
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E-Key Account Manager
Permanent · Warsaw
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Sprzedawca 1/2 Etatu - Warszawa - Elektrownia Powiśle
Permanent · Warsaw
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Permanent · Sosnowiec
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Sprzedawca - 1/2 Etatu - Luboń - Factory
Permanent · Poznań
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Sprzedawca 1/2 Etatu Factory Ursus Warszawa
Permanent · Warsaw
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Sprzedawca - 1/2 Etatu - Lfo Annopol Warszawa
Permanent · Warsaw
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Sprzedawca- 1/2 Etatu Designer Outlet Warszawa (Piaseczno)
Permanent · Piaseczno
LEVI'S
Sprzedawca 0,75 Etatu Kraków-Modlniczka
Permanent · Kraków
LEVI'S
Sprzedawca 0,5 Etatu Kraków-Modlniczka
Permanent · KRAKÓW
LEVI'S
Zastępca Kierownika Sklepu - 1 Etat- Galeria Mokotów- Warszawa
Permanent · Warsaw
LEVI'S
Sprzedawca 1/2 Etatu Posnania - Poznań
Permanent · Poznań
LEVI'S
Magazynier Cały Etat Designer Outlet Piaseczno
Permanent · Piaseczno
LEVI'S
Zastępca Kierownika Sklepu - Warszawa - Młociny
Permanent · Warsaw
Опубликовано
13 янв. 2021 г.
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Chinese luxe retailer Secoo mulls CEO approach to go private

Опубликовано
13 янв. 2021 г.

Chinese luxury e-tailer Secoo Holding Limited is considering going private and delisting its shares after receiving an approach from founder, chairman and CEO Richard Rixue Li to do so. His non-binding proposal could see him acquiring all the shares he doesn’t already hold. 


Secoo



Its shares are currently listed in the US on NASDAQ and he’s offering a premium of 10.5% to the closing price as of Monday. The current share price values the business at around $200 million after rising sharply on Monday, although they fell back a little on Tuesday. And they’re still down around 70% since they were first listed in 2017.

The board has now formed a special committee consisting of independent directors Jun Wang and Jian Wang to “evaluate and consider the proposed transaction”.

Beijing-based Secoo is one of the big names of luxury online retail to come out of China, although it nonetheless lags behind mega-sized market peers such as Alibaba’s Tmall and JD.com. That said, it’s the country’s largest luxury-focused lifestyle platform and as well as selling local and international fashion labels, it also sells jewellery and even cars.

In Q3, its net profit plunged by two-thirds to CNY20.77 million (€2.63 million) as gross merchandise volume rose 12.5% to CNY4.1 billion but revenue fell nearly 30% to CNY1.37 billion.

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