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Jacob Jensen Design shuts down in Bangkok and Shanghai

Scandasia LogoScandasia3d ago

Jacob Jensen Design shuts down in Bangkok and Shanghai - Scandasia

Quick Summary:

After yet another annual report with large losses in the millions, the Danish design brand Jacob Jensen Design has chosen to close down in Asia, where the company has had … The post Jacob Jensen Design shuts down in Bangkok and Shanghai appeared first on Scandasia.

These decisions have resulted in a significantly lower cost run-rate that will take effect in second half of 2024 and continue into 2025.

The income statement for 2023 is therefore affected by provisions in connection with the termination.

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Jacob Jensen Design shuts down in Bangkok and Shanghai - Scandasia (Picture 1)

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Article Details

Author / Journalist: Gregers Møller

Category: Business

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-14 @ 08:45:40 (3 days ago)

News Timezone: GMT +8:00

News Source URL: scandasia.com

Language: English

Article Length: 351 words

Reading Time: 2 minutes read

Sentences: 14 lines

Sentence Length: 26 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Scandasia

News ID: 21607488

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About Scandasia

Scandasia Logo

Main Topics: Business

Official Website: scandasia.com

Year Established: 1994

Headquarters: Thailand

News Last Updated: ago

Coverage Areas: Thailand

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #107

Publisher Details

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The story "Jacob Jensen Design shuts down in Bangkok and Shanghai" was covered 3 days ago by Scandasia, a news publisher based in Thailand.

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Scandasia is a fully independent (privately-owned) news outlet established in 1994 that covers mostly business news.

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It's most recent story was published ago.

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  • News ID: #21607488
  • URL: https://beamstart.com/news/jacob-jensen-design-shuts-down-17209544536981

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