Sydney entrepreneur and BRW Young Rich lister, Dorry Kordahi announced today that Jacky Wang, founder & CEO of UNITED CAPITAL (Beijing) and former Alibaba Vice President, has taken a stake in his company, DKM BLUE CHINA.
The Australian arm of DKM BLUE is an Australian market leader in both Corporate Uniforms, merchandise & premiums as well as fashion clothing. Its fashion labels are stocked in over 550 retailers throughout Australia and New Zealand for its various 7 brands.
The pair’s new venture will concentrate on the burgeoning Chinese domestic market for these sectors.
In addition to his current position and tenure at ALIBABA, Beijing based Mr Wang, held the position of Chairman and Managing Director of DHL Logistics China for many years.
Such acumen and experience brings virtual carte blanche entry into the upper echelons of Chinese business circles.
‘When I discovered DKM BLUE’s fourteen year history of successful trading out of Shanghai, I quickly saw the potential it had to capitalise on China’s massive domestic market.’ Said Mr Wang.
Since opening its doors in 2002, DKM BLUE has transformed itself from a single platform merchandise company to a multi-discipline hybrid holding contracts with major government agencies and multi-national blue chips.
These contracts cover merchandise premiums, corporate uniforms and patented products as well men’s and women’s fashion clothing and accessories brands which are stocked in nearly 550 retailers across Australia and New Zealand.
Mr Wang’s stake holding will also strengthen DKM BLUE’s existing operation by bringing new strategic, tactical acumen and manufacturing sources to DKM BLUE’s already strong fourteen year history in China.
‘The icing on the cake,’ Says Kordahi. ‘is that the economies of scale created by our expansion into the Chinese market will also be of benefit to our Australian customer base enormously.’
To interview Kordahi or Wang contact [email protected] or call +1 646 207 1936