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Philippine President Inaugurates D'Luxe Bags Philippines factory


Philippines' President Benigno Aquino III inaugurated the opening of D'Luxe Bag Philippines
Tarlac- The Philippine President himself, Benigno S. Aquino III, accompanied by his economic team, graced the grand opening of the manufacturing facility of D'Luxe Bags Philippines, one of Luen Thai Group's investments in the Philippines. Incorporated on December 2010 and registered with the Board of Investments (BOI) on January 2011, the 10-month old bag factory produces the designer brand Coach, and employs 1,200 Filipinos.

In his keynote speech, Aquino personally thanked and commended Mr. Willie Tan, Luen Thai’s CEO, for continually bringing good news to the country. “Obviously before we spend some money we have to earn the money, and it is through efforts of people like Mr. Willie Tan who, I really am very glad that I met just barely two years ago, has already contributed so much to our country. He has so much commitment to the Filipino people,” the President said.

Luen Thai Group is planning to increase Tarlac factory workforce by 500 this March, and by 2014, targeted to employ 5,000 workers. But even on its first nine months of business, the factory is already producing 90,000 to 100,000 pieces of bags per month.

Aside from D’ Luxe Bags Philippines, Luen Thai Group is also operating the Adidas factory in Mactan, Cebu, and is setting up the Ralph Lauren factory in Clark Freeport, Pampanga. It is also planning to engage in the tourism sector.

About Luen Thai Group: Founded by Dr. Tan Siu Lin in 1965, the Luen Thai Group operates multiple industries in China, Micronesia, the United States, and the Asia-Pacific region with approximately 40,000 employees. The Group’s private arm spans business interests in hotels and tourism, fishing, insurance, air and ocean cargo services, real estate, footwear, health care services, wholesale distribution and retail.

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