Basketball Fanatic: Genius Is on the Left

Chapter 341: Investing in AND1 and the birth of KZ

After playing against the 76ers, the Knicks continued to suppress the Cavaliers. D'Antoni was very satisfied with the team, so when March was coming, he gave all the players a half-day off. First, to commend everyone's performance, and second, to It is also to let everyone recharge their energy for the last full month of the next regular season.

Zuo Li, who returned to the apartment, hadn't had time to experience the leisure of the holiday, so he rushed to the office rented by Rich Paul in New York, where Rich Paul excitedly told Zuo Li, "It's done!"

It's not that the brokerage company has become, it's still not until the summer vacation that the contract fully expires, and it's not enough now.

And this "completed" refers to Zuo Li's acquisition of some AND1 shares.

Zuo Li has not launched his own signature shoes for such a long time, the main reason is that AND1 encountered trouble.

This is also very understandable. Like the previous life, the impact of the economic crisis is everywhere, and with the impact of Nike, AND is now feeling a little drowning.

Various indicators have declined, the spokesperson has left, and the stock price has fallen, which is in stark contrast to the splendid 2007 and 2008.

In such a situation, it is naturally impossible for Zuo Li to launch sub-brands and signature shoes. The previous All-Stars had such a good opportunity, and because of this, they missed the opportunity in vain.

And all of this was expected by Zuo Li. In fact, Zuo Li laid out AND1 from the very beginning. If you come back this time, you can't always work for Nike Adi. This is because Zuo Liming knows the future development and does not choose Nike. reason.

He wants to be his own boss!

At worst, it's to the level of Michael Jordan and AJ.

But in Nike, this difficulty can be imagined, and Zuo Li doesn't like Nike, so AND1 is the best choice.

It has a unique temperament and a unique corporate culture. Although it went downhill in 2009, the skinny camel is bigger than a horse and has a good design, and is deeply loved by young fans.

So Zuo Li has been working hard to become a shareholder in AND1, and has quietly acquired some retail investors since January.

But because Zuo Li's stall is relatively large, cash is not abundant. Although he is now worth more than 1 billion US dollars, his cash is only about 20 million. Most of it is the valuation of INS and Apple stock and Aomei's studio. valuation.

Originally, he was planning to sell Apple shares, but the sudden rise of INS made him suddenly have a lot of money. In just one week, Zuo Li earned $40 million from advertising. Through reasonable tax avoidance and other means, Zuo Li finally Have the capital to buy stocks.

Zuo Li took advantage of the situation and asked Rich Paul to find an agent on Wall Street. Taking advantage of the economic crisis, he started aggressively. By now, he already owns 115% of the shares of AND.

"Finally done." Zuo Li nodded with satisfaction, feeling his body relaxed a lot, which was more effective than sleeping.

"Tell the senior management of AND1 about our plan. According to the original plan, we can now go to BASF to discuss cooperation matters. Oh, yes, by the way, add an item to the plan and let the most awesome designers design for me. If they don't agree, we will dig and design it ourselves, it's very important, no one will pay for ugly shoes." Zuo Li said.

"Okay boss, I'm going to prepare now." Rich Paul took the notebook and wrote down: "Otherwise, we will go to Adina to dig a few, and their recent situation is not very good, and many designers want to leave. "

"No need, our designers are enough, and the design of AND1 is still very good." Zuo Li shook his head and refused.

In fact, the design of AND1 has always been excellent. In recent years, the second generation of Tai Chi, the chameleon, the first generation of fingerprints, the first generation of octopus, etc. have been well received, and Zuo Lichuan's first generation of street shoes is also specially designed for him. This is one of the most popular sneakers at present, and the Knicks' home color matching is also the longest worn by Zuo Li.

"OK."

"However, boss, isn't it a little early for us to do this? In case they don't agree, we've discussed cooperation, then..." Rich Paul was a little worried.

"They will agree." Zuo Li was full of confidence.

If there is a way, who is willing to sell the company they have worked so hard to create, let alone a company like AND1 that was once popular in the United States.

Although AND1 is far from the point of bankruptcy and acquisition, the decline can be seen by everyone, but this decline is not fatal, as long as it takes the right direction, AND1 can still be saved.

And Zuo Li just came up with such a plan!

Moreover, his acquisition of stocks has become a fait accompli, and there are also sub-brand terms in the previous contract. What reason do they have not to agree?

at the same time.

At AND1's New York headquarters, the three founders, including the company's senior leaders, gathered together. The atmosphere in the conference room was a little dignified. The ashtray was full of cigarette butts and the smoke in the room proved that this would be long enough.

The reason for this is the proposal on the table, which is about launching a sub-brand for Zuoli.

In fact, when it comes to this, it's what Zuo Li said, and it's hard for them to disagree.

Zuo Li is now the only pillar of AND1, and only his shoes make money. It was rumored that Nike would buy out Zuo Li's contract, which scared them into a cold sweat. Absolutely excellent value for money, just look at the current situation of Adi next door.

Second, they are no longer ordinary players~www.readwn.com~ the fourth largest shareholder, and they are also preparing to build their own agency. INS is also founded by him. It is said that there is also an artist studio, which has a good relationship with Double Star Performing Arts Company. Apple shareholders.

With these identities, can they still have any opinions?

So they decided soon. According to Zuo Li's request, the brand new sub-brand will be called KZ series, with the initials of KING and ZUO capitalized.

Now, they're talking about partitioning.

Zuo Li’s requirement above is that he should share 20% of the profit of each pair of shoes sold. At the same time, 40% must be invested in the research and development of new shoes, and the remaining 40% is the company’s profit, which is undoubtedly too little.

After all, Jordan's share is only 5%, Zuoli's 20% is undoubtedly too high.

But soon they found out that they didn't have any extra chips. After all, Zuo Li now had the absolute initiative.

"Where is this player?" The boss who was in charge of signing Zuo Li shook his head with a wry smile, and finally made the decision and agreed with Zuo Li's proposal.

At noon, both parties signed and everything was settled!

"Hopefully we can succeed."

"Yes, this will be the best decision you have ever made." Zuo Li smiled brightly.

At 5 pm on March 1st, AND1 officially announced that it will launch a new series of sneakers KZ for Zuoli!

Once released, it shocked the market!

James was originally annoyed that he had reached the top and failed both. After training this afternoon, he was directly blinded by this scene...

"He has his own brand?!!!"

The error-free chapters of "The genius of basketball madness is on the left" will continue to be updated on Sonovel.com. There are no advertisements on the site. Please collect and recommend Sonovel!

If you like the genius of basketball madness on the left, please collect it: () The genius of basketball madness in the left search novel is the fastest.

Tap the screen to use advanced tools Tip: You can use left and right keyboard keys to browse between chapters.

You'll Also Like