Zhejiang garment maker acquires Shanghai rival

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Saturday, August 30, 2008 06:00:09

	Zhejiang garment maker acquires Shanghai rival By STAFF EDITOR Published: April 03, 2008 06:54 PM Zhejiang Baoxiniao Garment Co will pay US$17.38 million (RMB122 million) for smaller rival Shanghai Baoniao Garment Co, in which it already holds a 20% stake, to take advantage of the latter’s customized services and e-commerce platform, China Business ... You are currently reading 40 words of 123 total words in this article. To continue reading this article, you must be a subscriber. Log in now. Buy this article now for $10 USD. Not a subscriber? Start your 7-day free trial now. bookmark \| digg \| Permalink \| Tell a Friend Tags for this article: e-commerce , Shenzhen	More Articles in Textiles > Today’s Daily Briefs E-Mail Sign up for a roundup of the day’s top stories, sent every day. RELATED ARTICLES > Shenzhen govt urged to fade out garment making gradually Youngor 1H net profit up 49% to US$284m Changshu opens China’s largest kids' ware center Textile and shoe exports slow Innovation urged for struggling textile machinery sector Dalian to host textile expo late August Textile machinery output falls in first half

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