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Is Pei Le a domestic brand?
Philo is an Italian sports brand.

19 1 1 was founded in biella, Italy. It has successively developed golf, tennis, fitness, yoga, running and skiing series, and finally established the backbone of world-famous sports brands, which is regarded as a representative of art and a model of luxury.

In September, 2007, Le Fei Sports Co., Ltd. was formally established, responsible for all related businesses of FILA brand in China (including Hongkong and Macau).

Phila Philo (China)

On August 14, Belle Group announced that it had reached a number of agreements with Philo Luxemburg and Philo Group to acquire Philo China trademarks and other related property rights, involving a capital of 48 million US dollars.

According to the relevant agreement, Feile Feile Luxembourg agreed to transfer Feile Feile's Chinese trademark to Belle Group, and Belle Group paid the transaction amount in cash of US$ 48 million. At the same time, the Group transferred the 15% equity of its wholly-owned company Full Prospect Limited to Philo Luxembourg. The main assets of this joint venture company are Chinese trademarks in Fila field.