About Florence Group
Florence Group is a company based in Gazipur (Bangladesh) founded in 2007. It operates as a Direct-to-Consumer (D2C), and Reseller / Distribution. Florence Group has completed 1 acquisition, including Ricamificio GS. Florence Group offers products and services including Denim Clothing, Outerwear, and Tops.
- Headquarter Gazipur, Bangladesh
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Sectors
Industrial Goods & Manufacturing
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Email
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Phone
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Website
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Investors
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Employee Count
Employee Count
- Investments & Acquisitions
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Products & Services of Florence Group
Florence Group offers a comprehensive portfolio of products and services, including Denim Clothing, Outerwear, and Tops. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Denim garments for men, women, and kids are produced.
Outerwear for various demographics is designed and manufactured.
Tops for different styles and trends are crafted.
Funding Insights of Florence Group
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by Florence Group
Florence Group has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Ricamificio GS. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Contract embroidery manufacturing is provided for various clients.
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1988 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
|
2017 | ||||
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Bionic investment advisor platform
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - Florence Group
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Florence Group Comparisons
Competitors of Florence Group
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Florence Group
When was Florence Group founded?
Florence Group was founded in 2007.
Where is Florence Group located?
Florence Group is headquartered in Gazipur, Bangladesh. It is registered at Gazipur, Dhaka Division, Bangladesh.
What does Florence Group do?
Florence Group is involved in the production of high-quality garments for export, focusing on mens, womens, and childrens clothing. Operations are centered in the apparel sector with an emphasis on denim, outerwear, and tops. A commitment to timely delivery and quality is maintained through modern equipment and advanced technology. Sustainability is prioritized by reducing environmental impact and aligning with global Net Zero goals. A comprehensive quality management system is implemented to ensure product standards and delivery schedules are met across an extensive network.
What products or services does Florence Group offer?
Florence Group offers Denim Clothing, Outerwear, and Tops.
How many acquisitions has Florence Group made?
Florence Group has made 1 acquisition, including Ricamificio GS.