Penshoppe Careers in Retail and Fashion

-- Retail powerhouse Golden ABC, Inc. is not stopping with its latest acquisition according to this article from Business World. Read on...

Penshoppe to buy more brands after Regatta

CEBU CITY — Fashion retailer Golden ABC, Inc. is on the lookout for more acquisitions after taking over the Regatta brand early this year.

"If opportunities arise [to acquire other brands], we’ll take them. We’re in constant dialog with a lot of potential acquisitions," said Golden ABC Chief Executive Officer Bernie H. Liu.

He declined to elaborate, but said the company was considering both local and foreign brands.

Golden ABC took over the four Regatta shops, including one in Cebu, in March.

Regatta, a 20-year-old brand, is the company’s first acquisition. Aside from Penshoppe, its flagship brand, Golden ABC also makes Oxygen, Memo and ForMe apparel and accessories.

"Regatta is a good acquisition. It’s a good brand. And since it’s a small company, it’s easy to transform," Mr. Liu said.

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