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Report Date : |
16.07.2012 |
IDENTIFICATION DETAILS
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Name : |
RALPH LAUREN KOREA LTD. |
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|
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Registered Office : |
19FL., Paros Tower 119, Nonhyeon-dong,
Gangnam-gu, |
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Country : |
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Date of Incorporation : |
10.04.2006 |
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Legal Form : |
Limited Responsibility Company |
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Line of Business : |
Manufacture and Wholesales of Clothing and
Accessories |
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No. of Employees : |
200 |
RATING & COMMENTS
|
MIRA’s Rating : |
Ca |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
11-25 |
Ca |
Adverse factors are apparent. Repayment of interest and principal sums
in default or expected to be in default upon maturity |
Limited with
full security |
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Status : |
Moderate |
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Payment Behaviour : |
Unknown |
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Litigation : |
Clear |
NOTES :
Any query related to this report can be made
on e-mail: infodept@mirainform.com
while quoting report number, name and date.
ECGC Country Risk Classification List – March 31st, 2012
|
Country Name |
Previous Rating (31.12.2011) |
Current Rating (31.03.2012) |
|
|
A1 |
A1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
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Restricted |
C2 |
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Off-credit |
D |
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Company
Name |
RALPH LAUREN KOREA LTD. (Ex. Company Name : POLO RALPH LAUREN KOREA LTD., 폴로랄프로렌코리아(유)”) (Korean Company Name : “랄프로렌코리아(유)”) |
|
Registered Address |
119, Nonhyeon-dong,
Gangnam-gu, |
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Building |
19FL., |
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Zip Code |
135-820 |
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Tel |
+82-2-3670-8189 |
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Fax |
+82-2-3670-8228 |
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E-mail |
jimin.lee@poloralphlauren.com |
|
Trading Address |
19FL., (New Address
System :19FL., 343, Hakdong-ro, Gangnam-gu, |
|
Tel |
+82-2-3670-8189 |
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Fax |
+82-2-3670-8228 |
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Type |
Export/Import |
|
Industry |
Manufacture and Wholesales of Clothing and
Accessories |
|
Main Business |
Shirts, Pants, Jackets |
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Established (mm/dd/yyyy) |
04/10/2006 |
The Subject Company
occupies the premises of registered HQ address by leasing base.
|
Activity |
Detailed Products (UNSPSC) |
|
Sell |
Clothing(53100000) |
|
Name |
Tracy Travis |
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Address |
185, |
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Date of Birth |
06/22/1962 |
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Title |
President & CEO |
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Sex |
Male |
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Nationality |
|
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Capital (KRW) |
580,000,000 |
|
Employees |
200 |
|
Formation |
Limited Responsibility Company |
|
Bank Details |
N/A |
|
Corporate Registered No. |
110114-0061321 |
|
Business Registered No. |
120-87-*****
(The full numbers are kept by the National Tax Service confidentially.) Because
the subject’s full Business Registered No., for checking through the National
Tax Service whether the subject is still existing or not, is not available,
so we cannot confirm if the subject exist or not legally.) |
|
Permit & Licenses |
N/A |
|
Shareholder Position |
N/A |
|
Company History |
04/10/2006
Incorporated as RALPH LAUREN KOREA LTD., “폴로랄프로렌코리아(유)” 04/17/2006
Increased capital to 100,000,000 KRW from 95,000,000 KRW 05/19/2009
Moved to the present HQ address from 27FL., 09/03/2010
Increased capital to 500,000,000 KRW from 100,000,000 KRW 12/10/2010
Increased capital to 580,000,000 KRW from 500,000,000 KRW 01/17/2011
Moved to the present HQ address from 41FL., 08/15/2011 Changed company name to the present name 01/16/2012 Moved to the present HQ address from 8FL.,
Yeongang Bldg., 270, Yeonji-dong, Jongno-gu, |
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|
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Job Description |
Title |
Name |
Sex |
Nationality |
Inauguration Date |
|
President & CEO |
Mr. |
Jung Se-Hyuck |
Male |
Korean |
01/17/2011 |
|
Director |
Mr. |
Tracy Travis |
Male |
|
06/30/2009 |
|
Director |
Mr. |
Robert Westrachi |
Male |
|
06/30/2009 |
|
Director |
Mr. |
Wei Buichi |
Male |
|
11/01/2011 |
|
Director |
Mr. |
Mark David Daily |
Male |
|
01/17/2011 |
The financials are not
available, and the Subject Company does not have any obligations to release its
financials to the public.
|
Authorized Capital(KRW) |
Not Applicable to the Limited Responsibility Company |
|
Paid-Up Capital(KRW) |
580,000,000 |
|
Total Issues Shares |
Not Applicable to the Limited Responsibility Company |
|
Main Products & Services |
Clothing, Shirts Brand Name : Polo, Ralph, Purple label, Collection, Polo
Sport, Lauren, Polo Jeans |
|
Competitors |
CALVIN KLEIN JEANSWEAR KOREA LTD. 5TH FL., DAEYONG BLDG., 90, NONHYEON
2-DONG, GANGNAM-GU, TEL:+82-2-516-1811 FAX:+82-2-516-2811 UNITED THREE CO., LTD. 10TH FL., TEL:+82-2-3452-8005 FAX:+82-2-3452-7115 LEVI STRAUSS KOREA LTD. 38TH FL., TEL:+82-2-528-8800 FAX:+82-2-555-8725 |
(Activity &
Markets)
The Subject deals
with the companies in
Not Available.
--
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.55.65 |
|
|
1 |
Rs.85.89 |
|
Euro |
1 |
Rs.67.88 |
INFORMATION DETAILS
|
Report Prepared
by : |
PRL |
RATING EXPLANATIONS
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
>86 |
Aaa |
Possesses an extremely sound financial base with the strongest capability
for timely payment of interest and principal sums |
Unlimited |
|
71-85 |
Aa |
Possesses adequate working capital. No caution needed for credit
transaction. It has above average (strong) capability for payment of interest
and principal sums |
Large |
|
56-70 |
A |
Financial & operational base are regarded healthy. General
unfavourable factors will not cause fatal effect. Satisfactory capability for
payment of interest and principal sums |
Fairly Large |
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
|
11-25 |
Ca |
Adverse factors are apparent. Repayment of interest and principal sums
in default or expected to be in default upon maturity |
Limited with
full security |
|
<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
|
-- |
NB |
New Business |
-- |
This score serves as a reference to assess SC’s credit risk
and to set the amount of credit to be extended. It is calculated from a
composite of weighted scores obtained from each of the major sections of this report.
The assessed factors and their relative weights (as indicated through %) are as
follows:
Financial
condition (40%) Ownership
background (20%) Payment
record (10%)
Credit history
(10%) Market trend
(10%) Operational
size (10%)
This report is issued at your request without any risk
and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its
officials.