Draft:Carlo Rino Group Berhad

Carlo Rino Group Berhad is a leading fashion retailer specializing in women’s handbags, footwear, and fashion accessories. The company was founded in 1986 and is headquartered in Kuala Lumpur, Malaysia.[1] Carlo Rino Group operates over 100 boutiques and counters in Malaysia and has distribution in 81 countries (including Vietnam, China, Indonesia, Hong Kong and many more) as of 2024.[2] Carlo Rino Group Berhad is listed on Bursa Malaysia Securities Berhad,[3] and traded as KLSE:CRG (03016).[4][5]

History edit

Carlo Rino was founded in 1986 by Chiang Sang Sem, who started the business of designing, manufacturing, and wholesaling leather goods. Under the leadership of Dato’ Sri Chiang Fong Yee, the Group Managing Director, Carlo Rino Group has grown in popularity in the fashion market. Dato’ Sri Chiang Fong Yee now leads a team of over 250 personnel, managing the Group’s offline and online businesses.[6]

Products edit

Carlo Rino Group carries the “Carlo Rino” and “C.Rino” brands, and offers a range of “youthful, vibrant, colorful, and bold” fashion products including women’s handbags, wallets, footwear, sunglasses, watches, scarves, and perfume.[7]

Key People edit

Dato' Sri Chiang Fong Yee is the current Group Managing Director and Key Person for the Carlo Rino Group Berhad.[6]

Revenue and Operations edit

Carlo Rino Group Berhad is listed on Bursa Malaysia Securities Berhad, and publicly traded as KLSE:CRG (03016).

In the Financial Report for the year 2023, Carlo Rino Group Berhad reported revenues of RM113,534,000 (2022: RM101,787,000, 2021: RM76,460,000).[8][9]

Subsidiaries/Related Companies edit

Carlo Rino Group corporate structure as of 2024, includes the following subsidiaries: CRV Sdn Bhd CR Boutique Sdn Bhd CRL Marketing Sdn Bhd CRF Marketing Sdn Bhd CRI Sdn Bhd Imbi Strada Sdn Bhd[10]

References edit

  1. ^ Kamaruddin, Faiqah (2024-04-16). "Carlo Rino to build 8-storey flagship store on Jalan Imbi | New Straits Times". NST Online. Retrieved 2024-04-26.
  2. ^ "Carlo Rino Official Store - About Carlo Rino". Carlo Rino Online Shopping. Retrieved 2024-04-26.
  3. ^ "Carlo Rino proposes transfer to ACE Market". The Edge Malaysia. 2023-08-15. Retrieved 2024-04-26.
  4. ^ "Carlo Rino files draft prospectus for listing transfer to ACE Market". The Edge Malaysia. 2024-04-16. Retrieved 2024-04-26.
  5. ^ "Carlo Rino Group Bhd, CRG:KLS profile - FT.com". markets.ft.com. Retrieved 2024-04-26.
  6. ^ a b "William Chiang, Managing Director of CRG Incorporated Berhad". The CEO Magazine. Retrieved 2024-04-26.
  7. ^ "Carlo Rino – Reinventing the fashion scene - Blog Belanja dan Bayar Kemudian -Atome". Atome - Time to own it. (in Malay). Retrieved 2024-04-26.
  8. ^ https://ir.carlorino.net/wp-content/uploads/2023/11/CRG-Additional-Info-FY2023.pdf
  9. ^ "Carlo Rino Group Berhad ("CRG")". www.bursamalaysia.com. Retrieved 2024-04-26.
  10. ^ "Corporate Structure – CARLO RINO GROUP BERHAD". Retrieved 2024-04-26.

External links edit