Dayang International MTM Has New Achievements

2018.3.1

Jan 8th, 2018 marked a milestone in the development history of Dayang Group as they signed a strategic cooperation agreement with Australia’s largest Online MTM retailor, InStitchu. Dayang made a 3 million Australian Dollar investment in InStichu, which shows our great ambition:“to be a world-class clothing brand and the world's largest MTM company"

InStichu was founded in 2011 and is one of the largest mens suit retailers in Australia. They have opened 9 physical shops in Sydney, Melbourne, and New Zealand and opened their first shop in New York in 2017, which has enjoyed swift growth. In the afternoon, President Li Guilian and General Manager Hu Dongmei held a brief signing ceremony with CEO James Wakefield and Robbin McGowan of InStichu where they officially signed a strategic cooperation agreement.

During the meeting, Hu Dongmei, General Manager of Dayang group, said that the strategic cooperation with InStichu is an important event in the development history of Dayang Group, and she believes that through this strategic cooperation between the two sides, we can achieve mutual benefit, win-win progress and common development. In the next step, Dayang’s factories will increase investments in customization, intelligent production, and constantly improve production and service capacity to provide perfect products and services to InStichu.

Under the agreement, Dayang group will become Institchu’s exclusive Chinese production partner. All of InStitchu’s suit and shirt orders will be transferred to Dayang’s factory at the end of March and Dayang group will be fully responsible for order production, inspection, logistics and distribution.

During the signing ceremony, a timely snow fall unexpectedly began and a magpie landed outside of the window, bringing happiness, promise and good luck to Dayang Group. Both sides raised a glass together to celebrate the historic moment.

This cooperation was of particular significance, making Dayang Group take an important step towards becoming the world's largest MTM Company. Product and Art director Ms. Shi Doudou, and general assistant manager Mr. Liu Hai attended the signing ceremony to witness this historic moment.