Shoes And Clothing Industry Exposure: Lu Wei Ming Xuan Was Fined 8 Million Euros. Australian UGG Boots Were Exposed.

< p > < strong > Australian manufacturing of Chinese made footwear impersonating Australia is exposed to /strong < < /p >.

< p > Australia, a manufacturer of "a href=" http://sjfzxm.com/news/index_x.asp "UGG boots > /a" has been exposed by Australian competitors and Consumer Council recently. Its products are made in Australia, but they are all made in China.

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< p > the Queensland network merchants named "happiness Avenue" have used green and gold "made in Australia" trademarks on their website without permission.

After being exposed by the committee, the merchant admitted that his "UGG boots" were made in China.

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< p > at present, the Committee requests the merchant to pay a refund to the misguided consumer and request his independent director to accept the standardized training of trade behavior.

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Mike Schaper P, vice chairman of the Australian Competition and Consumer Council, said the committee will continue to monitor the information of merchants to ensure that they comply with the Australian consumer law.

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< p > the Committee believes that "made in China" is a very valuable marketing tool.

Schaper said that most Australian consumers are more trusting of their products.

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< p > < strong > < a > href= > http://sjfzxm.com/news/index_f.asp > > Shan Shan < /a > share denying investment in lithium battery project no letter to wear violation < /strong > /p >

< p > Shanshan shares issued a notice on Tuesday night, for the recent media on "company concealment lithium battery project, suspected of Information Disclosure Violation" report made explanation.

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< p > Shanshan stock company said that after verification, the company did not have any information disclosure incompliance with media reports.

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< p > announcement indicates that Hunan Shanshan, a subsidiary of the company and its subsidiary company, has not built a "30 thousand tons of lithium-ion power battery cathode material production base" in Wangcheng Wangcheng open area, and has not signed any agreement with Hunan Wangcheng open area.

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< p > in addition, China fir shares said that the company and its subsidiaries and Jiangxi Zichen Technology Co., Ltd. have no ownership relations, the company does not have this investment.

The controlling shareholder and its controlling subsidiary also have no equity relationship with the above companies, nor do they have any investment plan for the lithium ion battery anode materials in Jiangxi.

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< p > < strong > > a href= "http://sjfzxm.com/news/index_c.asp" > Lu Wei Ming Xuan < /a > was fined 8 million euros for the secret purchase of Hermes, "/strong > /p".

P, France's market regulator AMF announced on Monday that it was fined 8 million euros ($10 million 400 thousand) for the luxury goods giant LVMH, because it secretly bought shares of rival Hermes and failed to disclose its shareholdings in accordance with the regulations.

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< p > in France, when a listed company acquired shares of another listed company worth more than 5, 10% and 15% of total capital, it must disclose its takeover behavior as soon as possible.

AMF said that the acquisition of Hermes shares by Lu Wei Ming Xuan is a serious misconduct and may even be regarded as a "fraud".

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"P" Lu Wei Ming Xuan started a surprise attack on Hermes in 2010 and bought 17% of its shares at a low price. Then this figure continued to rise in a series of objections from the Hermes family. At present, Lu Wei Xuan has acquired 22.28% of Hermes.

Hermes filed a lawsuit against Lu Wei Xuan in July last year, accusing the company of insider trading and price manipulation.

AMF also launched an investigation into the matter.

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