Pierre-Carney announces part of his business in China sold to Chinese companies

Li Qiuheng, the Global Times special correspondent, reported that France's Pierre Carney company announced 29th that it would sell its garments and apparel business in China to two Chinese companies, at a total price of 200 million euros.　　According to AFP, 87-Year-old Pierre-Cardin said that in the past two months, peel-Kaka has been in the sale of 32 products authorized to negotiate with Chinese companies, he pointed out that will soon sign the sale of contracts. The two Chinese companies are Guangzhou Jianye Trading Co., Ltd. (Jiansheng Trading Company) and Kaka Road (Cardanro).　　He said that at present Peel-dan in 140 countries have more than 800 kinds of product licensing.　　Earlier 29th, Pierre-Carney also denied reports that the Chinese media would sell all its brands. "It's not going to sell the entire Peel-Carolina group," the spokesman said.　　He said that Pierre-Carney discussed with Chinese companies only the sale of certain brands, as in the past sold to Japanese companies.　　China's Shenzhen business newspaper reported in Monday that Guangzhou Trading Co., Ltd. bid 200 million euros to buy the Peel-card brand and will reach an agreement within one months. Peel-Carolina Fashion is the first international brand to enter the Chinese market. Pierre-Carney's origins with China go back 1978 years. At that time, he was the first European designer to come to China. In the 80 's, the Chinese were proud to wear Pierre-kakà costumes. As early as 2004, the media was sending Pierre-Carney to sell the fashion empire.