The deal was supposed to have closed by Dec 1st (within 6 months of June 1st)
And apparently it is not - there seems to be some issue with MofCom approval.
If MofCom blocks the deal, what is ALTERA worth?
apparel is their core commerce ... some merchandising issues (excessive winter wear offered) while weather was still warm could have led to issues - but why did they lower Q4 by 1B RMB in such a case? That does not seem to explain the shortfall in Q3 was only WEATHER related ...