Love Bonito lays off 29, including 14 in Singapore

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Love Bonito lays off 29, including 14 in Singapore

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Singapore-headquartered fashion retailer Love Bonito announced Thursday it laid off 29 people, including 14 positions in Singapore.

CEO Dione Song confirmed these employees will receive severance packages in accordance with local regulations, featuring payments reflective of their tenure and extended medical insurance.

Originally a blogshop, Love Bonito secured US$50 million in funding in 2021 to advance its market expansion plans, specifically exploring entry into the United States.

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