Tired of China customs duties? Set up a JV

Retailers' struggles with customs in China can be disruptive, but having an onshore JV can alleviate that, says Aigle’s Asia CFO.

By Mark Agnew x

Nov 8, 2016

linkedin facebook twitter

Outdoor clothing retailer Aigle found shelter from the pain of customs duties in China when it set up a joint venture with a local company, its Asian CFO Herve Accart recounted. In 2005, Aigle, which now has operations stretching from Hainan, Urumqi, and Harbin, teamed up with sportswear brand Li Ning to create Aigle China – Aigle’s primary distribution channel in the country.

Sign-in to access CorporateTreasurer content.

Please sign in to your subscription to unlock full access to our premium CT resources.

Free Registration & 7-Day Trial

Note: This free trial is a one-time offer. You are eligible for one free trial per year.

If you are a treasurer, CFO or senior finance professional at a corporate, please register to the website here.

Questions?

If you have any enquiries or would like a quote for a team or company licence, please contact us at [email protected]. Our subscription team will be happy to assist you.

Risk & Compliance Moves Interviews Treasury