
Taiwan's well-known affordable women's clothing brand "LOVFEE" was shocked to hear that it had closed down due to financial and operational crises. Not only were the products on its official website largely out of stock and its social media posts suspended, but its employees also revealed that the company was in arrears with wages.
AI-generated summary
Taiwan's affordable women's clothing brand LOVFEE is reported to have closed down due to financial and operational crises. The official website and physical stores are out of stock, causing damage to the rights and interests of employees and consumers.
A well-known women's clothing brand is reported to have collapsed, and its official website shows that all its products are "sold." (Extracted from Lovfee official website)
[Instant News/Comprehensive Report] Taiwan's well-known affordable women's clothing brand "LOVFEE" was suddenly reported to have closed down today (12th) due to financial and operational crises. Not only were products on the official website largely out of stock and social media stopped updating, but netizens who claimed to be employees broke the news that the company was in arrears with wages, causing a large number of members to worry that they had no way to claim their stored value funds. Department store staff also confirmed the news of the closure.
Some netizens recently posted on Threads that LOVFEE has not launched new products for a long time. The last official Facebook post was on September 30. Many products on the official website are sold out and have not been replenished, and many products are out of stock in physical stores. The post triggered discussions among other consumers. Some people said that when they went to the store to make purchases a few days ago, the store clerk once promoted stored value funds. Now they are worried that if the brand stops operating, the previously stored value money may not be returned.
Several netizens claiming to be employees of the brand further posted accusations today. The company had hired a lawyer to inform all employees that it was going to close down due to financial and operational difficulties and that it would not be able to pay salaries as scheduled. However, the boss never came forward in person to explain and give an explanation to the employees. "The company said it would fail. The responsibility is pushed away, and it is up to the employees to find ways to recover their wages. We are not asking for an extra cent, we just want to get back the money that belongs to us. Employees have the obligation to go to work on time and work hard. Doesn’t the company have the obligation to pay wages on time?”
An employee who just resigned at the end of September further revealed that the boss only briefly announced the closure in an internal meeting and then had the lawyer speak throughout the whole process. He always emphasized that the resigned employees should go through salary advances and the process would take at least three months. "It is completely unacceptable to accept the company's attitude. They even passed all responsibilities to an HR and district manager."
According to comprehensive media reports, in response to the bankruptcy crisis, a clerk at the LOVFEE counter at Shin Kong Mitsukoshi Xinyi A11 in Taipei confirmed that the company has confirmed that the company has closed down. Although there is still a small amount of ready-made clothing available for purchase, member deposit refunds must be transferred to the head office for subsequent processing. The specific refund channel, processing period, and when the money can be refunded cannot be determined. All affected consumers can only be assisted to leave their information.
AI outlook — possibilities, not facts
Labor authorities will intervene to investigate wage arrears
Likely · Within weeks

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