Topic

#Gilimex

Every story tagged #Gilimex on RetailNews Asia: reporting, analysis and market signals from across Asian retail and e-commerce.

2 stories in this topic

E-Tailing

Dec 16, 20221 min read

Vietnamese firm sues Amazon for $280M

Vietnamese company Gilimex Inc. is suing e-commerce giant Amazon for $280 million for allegedly cutting back on orders, leaving it with an excess inventory. Gilimex, a manufacturer of textile and other products based in Ho Chi Minh City, said in a filling in…

E-Tailing

Feb 16, 20211 min read

Amazon’s Vietnamese partner reports surge in profit

Textile company Gilimex said its net profits almost doubled in 2020 thanks to a number of high-value contracts with international retailers. It reported record revenues of VND3.45 trillion ($150 million), up 36 percent from 2019, and net profits of VND308…