vibram five fingers men flow black bring up the market segment

vibram 5 finger shoes a " Henjiao Se " to assist in the management company to correct the mistakes of strategy proposed by Zhang Zhiyong. Before the end of 2011, he began to TPG ( Texas, United States Pacific ( 7.99,0.00,0.00 %) Investment Group ), GIC ( Government of Singapore Investment Co., Ltd. ) contact. Be considered in the retail industry with extensive experience in private equity funds TPG has invested Wumart, Daphne, fashion casual apparel, especially in 2009, TPG has successfully helped 5finger turnaround in transition.

In early February after the Chinese New Year, vibram five fingers komodo announced will be equity transactions in the form of introducing TPG as a strategic investor, while TPG, $ 750 million investment to ease the tight funding situation. News release two days, 5finger company's shares rose 21 percent. Who asked not to disclose the name of the Company before 5finger, management believes that TPG " do some 5finger I can not do, may also prompted the company" more ruthless a little ".

Vibram Fivefingers Bikila is really quite upset. Until earlier this year, Zhang Zhiyong, in support of the board rate is still above 70%, but the business, said Zhang Zhiyong personal capacity is not enough to reverse the decline of the company, and not suitable to lead the dramatic changes in the character. But within a short period of time, 5finger difficult to find a more suitable candidate for the CEO, " Zhang Zhiyong, after all, worked for 10 years " in 5finger those biographical dressed, came went to the professional managers have been let 5finger suffered a lot, not to mention their is not enough understanding of the company.