Metersbonwe Group
| Shanghai Metersbonwe Fashion & Accessories Co Ltd | |
|---|---|
| legal form | Corporation |
| ISIN | CNE100000CQ7 |
| founding | 1995 |
| Seat |
Shanghai , People's Republic of China
|
| sales | 9.52 billion yuan |
| Branch | retail trade |
| Website | www.metersbonwe.com |
The Metersbonwe Group , operating on the market under the Meters / bonwe brand , is one of the largest clothing retailers in the People's Republic of China . The company, which was founded in 1995 by Zhou Chengjian (* 1966) in Wenzhou and primarily offers young fashion in the lower price range, grew rapidly, primarily through franchising , and is now listed on the Shenzhen stock exchange. While the founder made his own designs at the beginning, Metersbonwe now has its collection produced by suppliers. In 2011, Greenpeace criticized their production methods in the Dirty Laundry Report as often environmentally harmful, as their toxic textile chemicals pollute rivers.
At the beginning of 2007 the company had around 1,800 stores in China and employed 5,000 people. In the meantime (2015) there are almost 5000 stores. Metersbonwe has set up a public fashion museum at the company's headquarters in Shanghai.
The group had sales of 9.52 billion yuan in 2012 and sales of 6.62 billion yuan in 2014.
The company's founder is one of the richest Chinese with an estimated fortune of $ 4.1 billion. To this day he is president of the company, in which his daughter now holds significant shares. At the beginning of 2016, the media reported that he was suddenly nowhere to be found.
Individual evidence
- ↑ Archived copy ( memento of the original from April 1, 2016 in the Internet Archive ) Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice.
- ↑ 002269: CH
- ↑ Michael Schuman: Never Heard of Metersbonwe? Well, you will soon . In: Time . ISSN 0040-781X ( time.com [accessed September 22, 2019]).
- ↑ China: Metersbonwe Group revenue 2018. Accessed on September 22, 2019 .
- ↑ Fashion entrepreneur: Another Chinese billionaire has disappeared. In: Spiegel Online . January 8, 2016, accessed June 10, 2018 .
