{
    "success": true,
    "data": {
        "id": 1542575,
        "msgid": "gri-buys-leisure-wear-line-1447893297",
        "date": "1997-08-12 00:00:00",
        "title": "GRI buys leisure wear line",
        "author": null,
        "source": "REUTERS",
        "tags": null,
        "topic": null,
        "summary": "GRI buys leisure wear line SINGAPORE (Reuter): Indonesia's PT Great River International (GRI) said yesterday its unit Apparel World of Singapore bought a leisure wear line from Ossia International. It said in a statement the acquisition of the GFF Gianfranco Ferre line and the takeover of a boutique in Singapore shopping district Orchard Road cost Apparel World, which is its distribution and retailing arm, Singapore $1.6 million.",
        "content": "<p>GRI buys leisure wear line<\/p>\n<p>SINGAPORE (Reuter): Indonesia's PT Great River International<br>\n(GRI) said yesterday its unit Apparel World of Singapore bought a<br>\nleisure wear line from Ossia International.<\/p>\n<p>It said in a statement the acquisition of the GFF Gianfranco<br>\nFerre line and the takeover of a boutique in Singapore shopping<br>\ndistrict Orchard Road cost Apparel World, which is its<br>\ndistribution and retailing arm, Singapore $1.6 million.<\/p>\n<p>It planned to open three shops a year in Singapore over the<br>\nnext three years, or a total of nine shops.<\/p>\n<p>Each shop was estimated to cost S$1 million, with the total<br>\ncost being around S$9 million, it said.<\/p>\n<p>The group already has marketing rights for Gianfranco Ferre<br>\nand the GFF line in Indonesia and Malaysia, it said.<\/p>\n<p>Industry sources told Reuters Ossia was divesting the line<br>\nbecause of plans to concentrate on sports wear and merchandise.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/gri-buys-leisure-wear-line-1447893297",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}