For the first time, Morgan stores will be "Guangdong, Hong Kong and Macao," the three women's brand together

In an effort to help "Guangdong, Hong Kong, and Macao" women's brands quickly capture the national market, Shenzhen Morgan Chain Store Management Co., Ltd. has partnered with Intime Department Store. This collaboration introduces a groundbreaking model with "0" admission fee and "0" rent, along with instant settlement for the first time. The initiative brings together three leading women's brands from Guangdong, Hong Kong, and Macao, forming a powerful alliance that aims to rapidly expand into major cities across the country. Starting in early September, the first three "Morgan Women's Top Stores" will open in three of China's top-tier cities. Over the next three years, the company plans to develop 100 "Morgan Women's Top Brands" nationwide. Mr. Xie, the company’s head, explained that the "Morgan Women's Top Store" is open to applications from "Guangdong, Hong Kong, and Macau" fashion brands, offering them a platform to enter the domestic market with ease. He emphasized that as the industry scale expands, the clustering effect becomes more pronounced. The garment industry in Guangdong, Hong Kong, and Macao is now at a critical stage for rapid development. Morgan has invested heavily in implementing real-time payment and settlement systems, which mark a new era for traditional department stores. The partnership with Intime Department Store aims to integrate clothing brands from the three regions, enhancing their overall image and influence. Shenzhen Morgan Department Store Chain Business Management Co., Ltd. is a newly established retail chain focused on department store operations and the nationwide expansion of "Morgan Stores." It seeks to establish a fairer retail model and promote local fashion trends. With over five years of professional experience, the company's management team consists of seasoned professionals in commercial retail. It has formed strategic alliances with more than 40 top commercial management companies in China and maintains long-term partnerships with major domestic retailers. Currently, "Morgans Department Store" has been launched in several key cities across the country. Experts believe that Morgan stands out among other retail companies due to its late-mover advantage, especially in challenging the traditional retail model through its "Morgan Pay" system. This system, known as the "Morgan Payments - Multi-party Instant Financial Settlement System," allows suppliers to receive daily payments and operators to enjoy daily profits. It addresses issues like instant cash flow and settlement, marking a significant breakthrough in the retail sector. Since the introduction of the timely payment system, Morgan has led the way by applying it to several major garment chains and establishing cooperation with large retailers like Intime Department Store. Many enterprises have praised the "timely settlement" approach, which effectively resolves the challenges of long rental cycles and fund recovery, helping manufacturers improve cash flow and support further investment and development.

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