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The Impact Of Bata'S Closing Of Swiss Stores Is Still Quite Large.

2016/4/29 9:59:00 58

BataSwiss StoresExchange Rate

We have reported some time ago.

Bata

Although the growth rate recorded in the current environment is not easy, Bata has been able to overcome the difficulties because of its strong competitiveness.

But things are far from simple.

It is reported that Bata announced that it would close all 29 stores at headquarters.

The group's explanation is that competition on line sales and the strength of the Swiss Franc should be addressed.

What is even more ridiculous is that the Group believes that this can encourage consumers to buy products in neighboring countries.

Although the reasons given by the group are likely to explain clearly the reasons for closing the store, it will lead to local consumers' desire for Bata.

And because of the group's

Management

Bad, although the early earnings report recorded a slight increase, but due to the global economic impact and business reasons, Bata has entered.

insolvency proceedings

On the other hand, the group said that although it has closed 29 stores in the mainland, it does not mean that Bata will abandon the local market, and consumers can still buy Bata products through e-commerce channels.


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