The same thing had also happened at a seminar held by Solas Barefoot (30k), during their latest market analysis and review. The group of wizard managers, wizard designers, and wizard manufacturers had actually discovered that, in Golden Crown Mountain's bulk procurement, the winning bid for First-Ring Wizard Shoes had gone to a wizard shoe brand they had never seen before.
The Moon-Ring Wizard supervisor of Solas Barefoot (30k) said angrily, "Pure Magic Plant Wizard Shoes? What is this supposed to be? This doesn't seem like the kind of subsidiary brand those people from Meraki Magicstep would establish."
The supervisor of the Moon-Ring Wizard department looked extremely grim. Although this was only a First-Ring market, and the transaction volume was only a little over twenty million Magic Stones, it seemed that the problem was not particularly serious.
Compared with Solas Barefoot (30k)'s overall market share and stock price, it was nothing more than a drop in the ocean. But the problem was that Solas Barefoot (30k), this large Shop Alliance, used a production model completely different from Locke's Augustus Wizard Shoes brand.
Locke's wizard shoe brand used an asset-light model. Apart from handling the brand, it relied on Arthas for both its distributors and its manufacturers.
To avoid relying on a platform like Arthas, Solas Barefoot (30k) naturally had to maintain its own distributors and manufacturers. At the same time, it had to continually invest enormous amounts in business maintenance and advertising.
To boost Solas Barefoot (30k)'s reputation, they sponsored a great many sporting events and competitions with other wizard academies every year.
Solas Barefoot (30k) used a heavy-asset model, relying on enormous initial investments to maintain its moat.
As a result, Solas Barefoot (30k) carried a great deal of leverage, and its liquid funds were relatively tight.
Those twenty million