ID :
22556
Sat, 10/04/2008 - 08:27
Auther :

BankInvest partners with local fashion company

HCM City (VNA) - Denmark 's BankInvest Private Equity New Markets Group (BankInvest) will become a 20 percent shareholder of the Ho Chi Minh City-based Son Kim Fashion Corporation (SKF).

To this effect, a strategic partnership agreement was officially announced
in Ho Chi Minh City on October 3.

Under the agreement, the capital provided by BankInvest will be used in
developing its current brands, studying new brands in the fashion industry,
building advanced and modern systems and attracting high-level human
resources.

In addition to providing the afore-mentioned capital, BankInvest, with
international experience of the fashion industry, will support SKF in their
strategic planning and development of retail systems.

SKF is now the leading fashion company in Vietnam , with a range of
well-known brands such as Jockey, Jox, JBUSS, WOW, WOWECO, and
Elle.-Enditem

X