ThailandICC.BK▲2
CRC Partners with ICC to Set Up New Company, Expanding Fashion Brand Portfolio
Central Retail Corporation Public Company Limited, or CRC, informed the Stock Exchange of Thailand that Central Trading Company Limited, a wholly-owned subsidiary of CRC, has joined with ICC International Public Company Limited, or ICC, to establish a new company named Heritage Croc Thailand Company Limited. Central Trading holds an 80 percent stake, while ICC holds 20 percent. The establishment of this company aims to expand the fashion brand business portfolio and strengthen the growth potential of CRC's fashion business group. The new company will engage in the import and distribution of fashion products under the Lacoste brand in Thailand.
CRC.BK · Demand · Positive CRC's subsidiary holds 80% stake in new company to import and distribute Lacoste products, expanding fashion brand portfolio and growth potential.
ICC.BK · Demand · Positive ICC holds 20% stake in new company, participating in Lacoste brand distribution in Thailand, expanding its fashion business.
Central Trading Co., Ltd. (เซ็นทรัลเทรดดิ้ง) · Demand · Positive Central Trading, as wholly-owned subsidiary of CRC, is the majority partner in the joint venture, directly involved in expanding fashion brand portfolio.
Heritage Croc (Thailand) Co., Ltd. (เฮอริเทจ คร็อก (ประเทศไทย)) · Demand · Positive Heritage Croc Thailand is the newly established company that will import and distribute Lacoste products, benefiting from the partnership.