Carlo Rino Group Bhd
MMYX:CARLORINO0.16
MYR
0.00
(0.00%)
Carlo Rino Group Bhd
MYX:CARLORINO
(Bursa Malaysia)
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0.16
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ROIC.AI
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- Business
- Carlo Rino Group Berhad is a Malaysia-based investment holding company primarily engaged in the design, promotion, marketing, distribution, and retailing of contemporary women's fashion wear, footwear, and accessories. The company operates through core business segments comprising fashion retail, property investment and development, and the provision of management services. Its comprehensive product portfolio, marketed primarily under the signature Carlo Rino brand, is organized into multiple systematic categories: ladies' handbags and small leather goods, including shoulder bags, crossbody bags, tote bags, backpacks, satchels, clutches, wristlets, and wallets; women's footwear, including high heels, pumps, wedges, flats, loafers, sneakers, sandals, and slip-ons; lifestyle and fashion accessories, including timepieces, sunglasses, scarves, belts, keychains, hats, and fragrances; and retail distribution services, spanning an integrated omnichannel network of standalone boutiques, departmental store concession counters, third-party distribution channels, and proprietary e-commerce platforms. Founded in 1986 and headquartered in Kuala Lumpur, Malaysia, the brand originally operated within Bonia Corporation Berhad before completing a demerger in 2018 to establish independent corporate management and operations. The company caters predominantly to young, fashion-conscious women, tertiary students, and working professionals seeking stylish, accessible luxury lifestyle products. Geographically, Carlo Rino Group Berhad maintains an extensive direct retail footprint across Malaysia, with broader international sales distribution and export networks reaching Southeast Asian markets including Indonesia, Vietnam, and Thailand, as well as customers in over 60 countries via cross-border digital platforms and major e-commerce marketplaces such as Shopee, Lazada, Zalora, and TikTok Shop. In recent corporate developments, Carlo Rino Group Berhad completed a strategic transition of its public listing from the LEAP Market to the ACE Market of Bursa Malaysia in December 2024 via an Initial Public Offering (IPO). The capital raised from the listing was primarily allocated to fund the construction and development of a new multi-storey flagship boutique in Jalan Imbi, Kuala Lumpur, scheduled for completion by 2027, alongside the nationwide refurbishment and visual upgrading of existing boutiques and department store counters. The group has also expanded its digital marketing initiatives and regional supply chain logistics to accelerate cross-border e-commerce penetration across Southeast Asia, following its corporate name change from CRG Incorporated Berhad to Carlo Rino Group Berhad.