Back To 1995: Chapter 307 Repay the money on the ground
Chapter 307 Landing and Repaying the Money
When seeing Song Yang, Chris Jain immediately asked Song Yang for news. Jain, who was transferred to the Comerica headquarters, seems to be living a good life now, with several assistant secretaries behind him , far more imposing than when he was in Houston.
Since cooperating with Song Yang, Jain and the Bank of Comerica have made huge profits, and this time Song Yang has made a large investment in Asia, although the outside world has a lot of doubts about Song Yang's investment in Asia.
But as the Bank of Comelica, which has tasted the sweetness from Song Yang, it is quite concerned about Song Yang's investments.
After all, those projects that I cooperated with Song Yang before were all risky, but the benefits were also huge. This time, Song Yang’s investment in Asia was quite controversial, but Jia En felt that if there were real benefits, then Song Yang’s investment would be Maybe they will get an astonishing return, and Jain and the Comerica Bank inevitably want to get a share of the action!
Song Yang sat down and said to Jaen, "Just like what I said in front of the media, I think Asia will be an emerging investment market. In the future, more investment institutions will pass by. The American Global Investment Fund is just going first. One step, maybe one day Comelica Bank will also go there!"
Hearing Song Yang's words, Jia En couldn't help being taken aback, and asked with some doubts, "Song, are you really optimistic about the market over there?"
Song Yang just smiled and didn't say much. The world is all for profit, there is no profit, and no one will believe what he says, but as long as he can see the profit, it is even at the risk of losing his life. Dry.
But Eric on the side couldn't help it, "Gentlemen, we are not here to talk about this matter!"
Song Yang cast a glance at Eric. In terms of eyesight alone, Jaen definitely surpassed Eric. After all, Jain was born in a major and had fished in a high school in America.
Eric still doesn’t have a complete understanding of RICK’s transformation. Even if RICK acquires the Victoria’s Secret show brand, it cannot be limited to America. The Asian market is definitely the most important market for Victoria’s Secret, not even one of them.
"RICK needs the support of Comerica!" Song Yang also said to Jain that in a short period of time, he must rely on the Comerica Bank to provide a large amount of cash.
Jain shook his head like a rattle when he heard this, "Song, we talked about the Comerica Bank providing 200 million US dollars for RICK's acquisition. This is the most authority I can get."
"But it's not enough now, old man Wexner, the asking price is too high." Eric said to the reticent Jain with some annoyance.
Jain just shook his head, without any scruples about Eric's dissatisfaction. If RICK really becomes a major customer of Comelica Bank in the future, then even if Jain becomes Eric's grandson, it's fine for him to support him, but now? Well, the Bank of Comelica provided this fund entirely because of Song Yang, not because of Eric.
"LB Company and Leslie Wexner, we will renegotiate, but we need Comerica to provide some funds for this acquisition."
"Jain, I promise, it's all worth it!" Song Yang looked at Jia En and said.
Chris Jain hesitated for a moment, and finally said helplessly, "I will report to the headquarters of the Comerica Bank, but I can't guarantee whether I can get more credit."
Song Yang nodded, then took a look at the materials of LB Company and Victoria's Secret, and finally set his sights on Donna Karen, the current chief designer of Victoria's Secret. It was Donna Karen who made Victoria's Secret Bi grid began to improve.
Victoria's Secret has not only appeared for a year or two, it has been established for more than ten years. Although the sales of Victoria's Secret in the past were good, the main places where they appeared were nightclubs, call girls and other places. However, Donna Karen made Victoria's Secret Midbiger began to stand up, making it officially a thing of the same level as other top clothing brands and even luxury goods.
Now what Victoria’s Secret lacks is a top-level exposure to let it appear in front of the world and officially establish its position in the women’s clothing market!
"Tomorrow, start negotiating with LB again, and find Donna Karen tonight."
After reading Donna Karen's information, Song Yang said to Eric, "Let Donna Karen support RICK's acquisition, and if necessary, support her in establishing her own independent clothing brand!"
For a fashion designer, when he first debuted, his dream was probably to be the chief designer of Chanel, Versace, Dior, etc. After becoming famous, without exception, he definitely wanted to establish his own brand.
Winning over Donna Karen and supporting her in establishing her own brand is undoubtedly a costly investment. For Donna Karen, this is probably one of the most attractive conditions she has faced since she started her career. One!
Eric nodded, poured a glass of wine into his stomach, then got up and left, ready to poach Donna Karen's corner.
Song Yang also felt a little tired after taking the plane all the way, so he ordered a steak, and when he was dealing with the steak, he raised his head and asked Jain, "What's the attitude of Comerica Bank towards the electronic payment business cooperation with PayPal? "
PayPal payment is currently under development. Although the progress is not fast, it is also under steady development. By the end of the year at the latest, it will definitely be tested, and a bank's settlement support will be needed at that time.
Jain quickly swallowed the steak on his plate, and then said to Song Yang, "Song, the director of Kerimiya wants to talk to you personally about this matter, and Kerimiya has already told the board of directors of Komerika Bank, It was raised, but the board was concerned."
PayPal payment is digging the roots of the banking industry in America, including the Comerica Bank. Although Song Yang also drew a big pie for the Comerica Bank, how much can this big pie really eat? No one knows, but the risk is visible to the naked eye. Bank of Comerica will be tied to PayPal, and it will wrestle with the supporters behind Wall Street and several major banking giants!
Song Yang ate the steak on the plate, cut another piece, looked at Jain and said, "When I finish my work here, and I finish attending the American Internet Conference, I will go to the headquarters of the Bank of Comerica."
"Of course," Song Yang picked up a piece of steak and looked at Jaen, "PayPal belongs to Jain, and you will never lose it."
Jia En couldn't help showing a smile on his face. Why did he put in so much effort, risking his career to keep raising funds for Song Yang, not for the conditions that Song Yang promised him!
The transformation from a professional manager to an investor in America is not only a change in identity, but also a change in worth, which is equivalent to breaking the ceiling.
LB Company is an old-fashioned clothing retailer. Unlike the technology industry, the clothing industry is a relatively transparent industry. LB has survived for so many years, and naturally has its own set of survival rules. Unlike those top clothing brands, LB is playing popular The route, that is, to win by volume, small profits but quick turnover, holds two discount seasons every year to clear inventory.
Just like the founder of LB, Leslie Wexner, LB company is also very conservative now. Who knows how LB thought of buying Victoria’s Secret, but now, LB company basically focuses on the American market. In overseas markets, there are basically no stores...
When Song Yang, Eric, Jain and others came to the headquarters of LB Company together, Leslie Wexner was waiting there with a group of directors of LB Company.
As soon as we met, Song Yang knew why Eric had a headache. The directors of LB, including Leslie Wexner, were all older, and they were all sitting in the conference room with serious faces at the moment, with a pair of The look of avoiding strangers.
Song Yang glanced at the meeting room, nodded to Leslie Wexner, and when he sat down, his gaze was the same as that of Donna Karen, who was sitting in the LB company camp and representing the Victoria's Secret brand, calmly. I glanced at it.
"President Leslie Wexner, I'm glad we can meet again!" Eric said to Leslie Wexner with a smile.
But in less than a minute, Wexner let Eric break the defense again, "Mr. Eric, on behalf of the board of directors of LB Company, I reiterate that LB Company has no plans to sell the Victoria's Secret brand. Victoria's Secret is in LB Company. It is operating well, and we believe that the value of the Victoria's Secret brand is worth US$500 million, and this will not change!"
Looking at Leslie Wexner with a blunt attitude, Eric's smile froze on his face, and he thought of him as the king of nightclubs in America. Give him a bit of a thin face, where will he hit a wall like he did in LB company.
Eric looked back at Song Yang, saw that Song Yang was just flipping through some documents, and had no intention of speaking at all, so Eric could only suppress his temper, "President Wexner, I think we have already talked However, LB owns many brands, RICK just wants Victoria’s Secret and is willing to pay enough, but the price will never be worth 500 million dollars!”
"Sorry, this is the decision of LB's board of directors. If RICK cannot accept it, I think there is no need for this negotiation." Another director of LB said aggressively.
However, even though this is said, LB Company, including Leslie Wexner, has no direct position. Obviously, LB Company is not as firm as they say.
Leslie Wexner and several LB directors sitting on the side cast their eyes on Song Yang from time to time. Song Yang, a figure who has nothing to do with the clothing industry at all, appeared here, which was beyond their expectation expected.
However, the technology industry, especially the Internet industry, has been famous for its "trench" in the past two years. When LB Company saw Song Yang, they couldn't help but have some expectations. What kind of news will Song Yang get involved this time? Offer to come!
(end of this chapter)