SG fashion label Love, Bonito’s losses widened in FY2021 due to higher costs, expenses

SG fashion label Love, Bonito’s losses widened in FY2021 due to higher costs, expenses

Love, Bonito store front at Funan, Singapore

Direct-to-consumer fashion platform Love, Bonito Singapore’s net losses more than doubled in the financial year ended Dec 31, 2021, on account of higher costs and expenses. The fashion platform, which continues to expand its global footprint, is now seeking to turn profitable in the next 12 months.

Edited by: Padma Priya