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China Apparel Net Acquires Clothing Information Site

Tencent Tech, 3/22/11

Zhejiang China Apparel Network Technology, operator of Chinese e-commerce clothing site China Apparel Net (www.efu.com.cn), announced today its successful acquisition of a 51% stake in Foshan Shiye Fushi Zixun, operator of Guangdong-based domestic apparel news site T100.cn.

With the deal, China Apparel's holdings now include Efu.com.cn, international e-commerce clothing site Chinaapparel.net, industry media interactive community site 51Fashion.com, fashion online recruitment site 51haojob.com, apparel retail franchise recruiting site 5143.cn, clothing design forum Eeff.net, T100.cn, and B2C e-commerce platform Yifu.com.

China Apparel Net, established in 2001, now has over 780,000 registered companies and receives an average of 8 mln pageviews daily; the site also offers application services to GUESS, Youngor, Peacebird, Septwolves, Etam and thousands of other domestic clothing labels and firms.

T100.cn positions itself as a provider of design patterns, sales strategies and brand building solutions for clothing companies. The website currently has nearly 400,000 registered users.

Keywords: 51haojob 5143.cn Eeff.net T100.cn HR apparel e-commerce Internet online recruitment B2C Efu registered users Yifu.com 51fashion China Apparel Net M&A

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