SINGAPORE: Fashion retailer Love, Bonito has announced the layoff of approximately 7% of its global workforce, affecting 29 employees.
The company revealed that 14 of those employees are based in Singapore, where the brand is headquartered.
Love, Bonito currently operates 26 stores across Asia, with a presence in countries like Malaysia, Indonesia, and Cambodia. The brand has grown in popularity for its focus on catering to Asian body types and its commitment to empowering women. Despite this setback, the company continues to expand its regional footprint.
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