Core Viewpoint - The acquisition of a stake in Beijing SKP by Boyu Capital reflects strategic adjustments in response to the competitive retail environment and aims to optimize asset structure for Beijing Hualian [2][4][5] Group 1: Company Overview - Beijing SKP, established in 2006, has become a leading high-end department store in China, achieving sales of 265 billion yuan in 2023 [3] - The store has seen significant sales growth over the years, with a record of 152 billion yuan in 2019, but faced a 17% decline in 2024, dropping to 220 billion yuan [3] - The store's success is attributed to its premium brand offerings and continuous upgrades to meet high-end consumer demands [3] Group 2: Market Context - The retail industry in China is increasingly competitive, with traditional retailers like Beijing Hualian facing challenges from e-commerce and market dynamics [4] - Beijing Hualian's overall business growth has been sluggish, prompting a strategic decision to sell part of its stake in Beijing SKP to focus on more promising business segments [4][5] Group 3: Strategic Implications - The sale of Beijing SKP shares to Boyu Capital allows Beijing Hualian to optimize its asset structure and reallocate resources to emerging business areas [5] - Boyu Capital, with nearly 10 billion USD under management, focuses on high-growth industry leaders, making Beijing SKP a fitting investment target despite recent sales declines [6] - The partnership is expected to leverage Boyu Capital's resources and expertise to enhance Beijing SKP's market presence and operational efficiency [6]

每经编辑 张锦河 商场取名"胖都来"涉嫌构成商标侵权及不正当竞争。胖东来具有较高的市场知名度，"胖都来"与"胖东来"仅一字之差，整体读音和字形相似，若在相同或 类似服务上使用高度近似的名称，相关公众极易产生混淆，误认为两者存在特定联系。我国商标法明确规定，未经商标注册人的许可，在同一种商品上使 用与其注册商标近似的商标，或者在类似商品上使用与其注册商标相同或者近似的商标，容易导致混淆的，属于侵犯注册商标专用权。 商业模式可以"借鉴"吗？ 商业模式本身通常不受知识产权法保护，企业可自由学习其管理方法、经营理念等，但诚实信用原则是一切市场活动参与者应遵循的基本准则。一方面， 它鼓励和支持人们通过诚实劳动积累社会财富和创造社会价值，并保护在此基础上形成的财产性权益，以及基于合法、正当的目的支配该财产性权益的自 据北京青年报，5月1日，浙江一家名为"胖都来"的线下购物商场开业。该商场名称引发争议，不少网友质疑这是在碰瓷"胖东来"。该公司解释称，"胖"寓 意丰盈、富足、美好，"都（dū）"取自集团董事长的姓氏，名字只是符号，品质才是关键。 图片来源：胖都来社交媒体账号 5月1日，有网友发布的一则截图显示，胖东来账号留言 ...