Current location - Education and Training Encyclopedia - Educational institution - Causes of closure of Nanchang Universal Clothing Co., Ltd.
Causes of closure of Nanchang Universal Clothing Co., Ltd.
Poor management and broken capital chain.

1. Poor management: Nanchang Universal Clothing Co., Ltd. paid no attention to the long-term development of the company, only paid attention to the immediate interests, and did not pay attention to the product quality and reputation, which led to the damage of the company's reputation and the decline of its performance, which led to the closure of the company.

2. Broken capital chain: Nanchang Universal Clothing Co., Ltd. did not make a good capital plan during its operation, which led to the broken capital chain and failed to operate normally, which eventually led to the bankruptcy of the company.