Tuesday, 7 August 2012

Padini's inks 10-year deal with Singapore's FJ Benjamin

Published: Tuesday August 7, 2012 MYT 1:59:00 PM

KUALA LUMPUR: Padini Holdings Bhd's line of women's shoes and accessories under its Vincci label would be distributed in Indonesia under a 10-year deal.

Its unit Vincci Ladies' Specialties Centre Sdn Bhd had on Tuesday signed a master franchise agreement with FJ Benjamin (Singapore) Pte Ltd and PT Gilang Agung Persada of Jakarta.
Under the agreement, FJ Benjamin, through its associate PT Gilang Agung Persada, open 25 stories within five years in Indonesia.
The franchise would see FJ Benjamin distributing trendy and affordable VNC women's shoes and accessories in Indonesia.
VNC products are sold under the Vincci label in Malaysia and are produced by the Padini Group.

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