| Description |
Listed on SGX-Sesdaq on 30 July 2001, Vashion Group Ltd, previously known as
Startech Electronics Ltd was previously engaged in the business of the
provision of electronics manufacturing services and the distribution business
and switchgear design & assembly business. This was later changed to the
distribution of equipment and consumable materials for the electronics industry
and switchgear design & assembly services in 2004.
With the successful acquisition of Red Flag Holdings Co Ltd in Hong Kong, the
Group has added fashion brand management business, focusing on the management,
distribution and retailing of mid-to-high-end men’s apparel in China under the
brand name of “Louis Gianni” to its portfolio. Vashion focuses on its core
competencies of brand management by working closely with reliable vendors for
the manufacturing of its products and by employing an efficient retail
structure, which includes an attractive licensing program.
The Group currently operates 78 stores located in major cities including
Beijing, Tianjin, Nanjing and Jinan, throughout China, as well as in provinces
such as Fujian, Jiangsu and Shandong. Among the 78 stores, two-thirds of these
stores are self-managed stores located at major shopping malls and hotels. The
remaining stores are licensed third-party stores who sell its products and
operate the stores under its brand name, and sales agency stores which are
appointed to retail “Louis Gianni” products on a consignment basis.
Additional info from SGX:
Listed on SGX-Sesdaq on 30 July 2001, Vashion Group Ltd, previously known as
Startech Electronics Ltd was previously engaged in the business of the
provision of electronics manufacturing services and the distribution business
and switchgear design & assembly business. This was later changed to the
distribution of equipment and consumable materials for the electronics industry
and switchgear design & assembly services in 2004.
With the successful acquisition of Red Flag Holdings Co Ltd in Hong Kong, the
Group has added fashion brand management business, focusing on the management,
distribution and retailing of mid-to-high-end men’s apparel in China under the
brand name of “Louis Gianni” to its portfolio. Vashion focuses on its core
competencies of brand management by working closely with reliable vendors for
the manufacturing of its products and by employing an efficient retail
structure, which includes an attractive licensing program.
The Group currently operates 78 stores located in major cities including
Beijing, Tianjin, Nanjing and Jinan, throughout China, as well as in provinces
such as Fujian, Jiangsu and Shandong. Among the 78 stores, two-thirds of these
stores are self-managed stores located at major shopping malls and hotels. The
remaining stores are licensed third-party stores who sell its products and
operate the stores under its brand name, and sales agency stores which are
appointed to retail “Louis Gianni” products on a consignment basis.
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