“You have full control over Suzhou embroidery here, so it’s not that simple for me to bring it in.”
Fu Yuehong's words made Lin Yifeng frown.
It seems that Fu Yuehong, like everyone else, really wants to get involved in Lin Yifeng's company and try to get a share of the profits.
The subtext of her statement is quite interesting.
As a joint venture brand, a joint venture between foreign and domestic enterprises, Fu Yuehong most likely wants to register a company in a neighboring developed small country and then have this company participate in Lin Yifeng's Suzhou embroidery.
To create the gimmick of a "joint venture brand".
It must be said that between 1993 and the turn of the millennium, this was indeed a very eye-catching title.
In this era, "imported" equals high quality, and "joint venture" means foreign production and quality control, so the quality is definitely better than "domestic". Many people believe this and look down on domestic products.
It's even said that the label of "domestic" will be unable to shake off the image of "poor quality" for a long time to come.
Fu Yuehong just wanted to ride the wave and make a fortune, and also see if there was an opportunity to acquire Lin Yifeng's company.
Lin Yifeng looked at the meal on the table in front of him and sighed inwardly.
This is hardly a meal.
This was a trap set by a treacherous mastermind.
As for Wei Yuxian, who brought him, she didn't care about any of this and continued to eat and drink as usual, without showing any intention of speaking up for Lin Yifeng.
Lin Yifeng glanced at Fu Yuehong in front of him and also decisively refused.
"I'm sorry, Sister Fu."
"Our main focus is on developing domestic luxury goods, and we currently have no plans to involve foreign investment."
"I do Suzhou embroidery for no other reason than this."
"It is about carrying forward and promoting Chinese culture."
The slogan was loud, and the refusal was decisive enough, but Fu Yuehong made no comment.
At this dinner, both men were speaking from a businessman's perspective, believing that nothing is more important than making money.
Slogans and ideals are important, but they can't put food on the table.
As Fu Yuehong's subordinates, the two exchanged a glance and became mouth muses.
A man with gold-rimmed glasses and slicked-back hair, who looked every bit the elite, also frowned and questioned Lin Yifeng.
"Mr. Lin, please forgive my bluntness."
"As a luxury item, what competitive advantage does Suzhou embroidery have?"
“Our brands, such as Armani, LV, and Gucci, all have a very high reputation internationally.”
"Even a simple piece of clothing or a bag costs tens of thousands."
"As a traditional domestic clothing brand, Suzhou embroidery is a brand that we find difficult to compete with in this market."
Another man with a serious expression next to him continued to exert pressure with a cold face.
"We have reason to be concerned."
"Our main goal is to attract internationally renowned brands and have a certain international market presence."
"To be honest, your brand is a bit low-end."
The two of them launched a scathing attack on Suzhou embroidery, which is a common business tactic. They belittled the other party's brand and then put pressure on a more reputable brand, hoping that Lin Yifeng would give in.
But Lin Yifeng's business experience is probably more than the number of meals they've ever eaten.
Faced with continued pressure from the other party, Lin Yifeng raised his eyebrows.
"Oh? Is that so?"
"So, have any of you visited my store in Shanghai?"
"If you've investigated and still made this conclusion, then I can only say that Mr. Fu, the people in charge of these matters in your company may have some issues with their judgment."
The room fell into a deathly silence.
The two men stared intently at Lin Yifeng. Although they showed no expression, one could sense the resentment in their eyes.
As the one who initiated this, Fu Yuehong's eyes showed a hint of surprise.
How could Yansha Friendship Shopping Mall not have checked Lin Yifeng's qualifications?
By consulting with multiple companies in Zhongzhou Province and having his subordinates conduct on-site investigations, anyone with a modicum of common sense would know that Lin Yifeng taking over the Zhongzhou Province market was simply a matter of time.
Not to mention the market in Shanghai, Lin Yifeng's three stores alone can now contribute 5% of the mall's monthly turnover.
Suzhou embroidery alone accounted for 4% of the total sales, completely surpassing the combined sales of Mixue Ice Cream and Wallace.
To understand why a luxury brand can generate four times the revenue of a mass-market brand like Mixue Ice Cream, it's clear that luxury brands never have to worry about sales.
Fu Yuehong glanced at Wei Yuxian beside him out of the corner of his eye.
Wei Yuxian remained calm as she sipped her tea, silently observing the business dispute between the two sides.
She had distanced herself from the situation early on during this meeting and was simply waiting for the final outcome.
Seeing that Wei Yuxian showed no intention of taking sides, Fu Yuehong continued to put pressure on Lin Yifeng.
“We know all of what Mr. Lin is saying.”
"But now is now, and later is later."
"The brands we're talking about all have a long history. As far as I know, your Suzhou embroidery..."
Fu Yuehong paused, then squinted at Lin Yifeng.
"If we include the second half of this year, the company has probably only been established for a little over a year, right?"
"We simply cannot guarantee that such a company can operate for a long time."
“It’s impossible for us to just shut down your store if your cash flow dries up, right? That would also have a certain impact on our mall.”
The two people around him raised their heads slightly when they saw the boss speak.
It's clear that they've successfully gained the upper hand with this wave of pressure.
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