inthepast,copyingwasthemosteffectivewayofplayingforChina,aswellasforbusinesses.Asaresult,BELLE'sfirstchoicewastherightpath.However,thisroadisnotsustainableinthefuture,andinChina'sfuture,independentinnovationwillbethenewlaw.ShoekingBELLEInternational'sfallrepresentstheendofanera."whereverawomangoes,theremustbeaBELLE."."BELLEinternationalCEOShengBaijiaomadesuchabigambition.However,"shoeking"BELLE,finallydidnotescapethefateofthestopshop.asChina'slargestfootwearretailers,BELLEinternationalhasalargenumberofbrands,offlinecoverageofall,letconsumersinthedepartmentstoretoseemorethanhalfofthefootwearcountersareBELLE'sbrand.,butinrecentyears,becauseoftherapidriseofdomesticelectricitysuppliers,BELLEonline"staking"theestablishmentofthecorestrengthshavebeencollapsed.Anddespiteitsearlyonlineforce,theelectricitysupplierbusinesshasbeen"didnotwanttounderstand",butalsotomisstheopportunitytotransition.BELLEinternationalhistorystockpricetrendBELLEinternational18suspension,thestockpricehasbeencuttwoyearsago.someofthemediareports,CDHinvestmentsisleadinga$5billion700milliondealmaybeMBOonthe"shoeking"BELLE(MBO)."shoeking"marketvalueofoveronehundredmillionBELLEinternationalhasoccupiedhalfofChina'swomen'sshoes.from1992invested2millionHongKongdollarstosetupasmallfactory,BELLEgraduallydevelopedintoamarketvalueofmorethanonehundredbillionHongKongdollarsoflistedcompanies.from2010to2012,BELLE'snetannualincreaseinthenumberofstoresfrom1500to2000.Inthemostfrenzied2011,thestorewillopenanewstoreinlessthantwodays.asChineselargestfootwearretailer,BELLEInternational'sflagshipbrandnameinadditiontoBELLE,Staccato,Teenmix,andshereallybeautifulpoem,heandotherproprietarybrandSendashongaBasto,andisalsotheagentofBata,Clarksandotherinternationalbrandsalesinchina.LargescalestorestheachievementsofBELLEInternational's"status",adepartmentstoremayseeconsumersintotheshoecounters,morethanhalfofallBELLE'sbrand,choosetochoosetobuyisactuallyBELLEshoes.BELLEofficialdatashow,BELLEisthelargestChinaFootwearCompany,withannualsalesofmorethan23billionyuan;atthesametime,isalsothelargestmarketcapitalizationofconsumerretailstocks,HongkongHangSengIndex,themarketcapitalizationoflistedcompaniesrankedsecondintheworldfootwear.buttheinternationaldaybeforeBELLEreleased2016performanceprofitwarning,officiallylistedfor10yearsthefirstHGroup　　过去的中国，复制是最有效的玩法，对中国是如此，对企业也是如此。因此，百丽最初选择的道路是正确的。但是这条道路终究是不可持续的，在今后的中国，自主创新将是新的法则。鞋王百丽国际的陨落代表着一个时代的结束。　　“凡是女人路过的地方，都要有百丽。”百丽国际CEO盛百椒曾许下这样的豪言壮志。然而，“鞋王”百丽，最终也没逃过关店止损的命运。　　作为中国最大鞋履零售商，百丽国际旗下拥有大量品牌，线下覆盖之全，曾让消费者在百货商场看到的逾半数鞋类专柜都属于百丽旗下品牌。　　但近年来，因为国内电商的快速崛起，百丽在线下“跑马圈地”所建立的核心优势遭到瓦解。而尽管其在线上已早早发力，对于电商业务一直“没想明白”也致其错失转型良机。　　百丽国际历史股价走势　　百丽国际18日停牌，股价较两年前已腰斩。　　有媒体报道称，鼎晖投资正牵头一项57亿美元的交易，可能对“鞋王”百丽进行MBO(管理层收购)。　　“鞋王”市值一度超千亿　　百丽国际曾经占据中国女鞋半壁江山,http://www.semtime.com/blog/view.asp?id=485。　　从1992年投资200万港元成立的一家小厂，百丽逐步发展为市值一度超过千亿港元的上市公司。　　2010年到2012年，百丽每年净增门店数目都在1500至2000家。在开店最为疯狂的2011年，平均不到两天便会开出一家新店。　　作为中国最大鞋履零售商，百丽国际旗下除了同名旗舰品牌百丽、思加图、真美诗、他她、天美意、森达、百思图等自营品牌,[url=http://www.mutuallyassuredsurvival.com/wiki/tiki-view_blog_post.php?find=