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GOLDEN ABC envisions itself
To be amongst the world's best fashion companies.
We passionately:
Aim to become the employer of choice
Create superior shareholder value
Take our customers to the level of total brand experience
Innovate to improve our products, processes & systems continuously
Operate as a preferred business partner
Nurture our corporate citizenship
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Our actions will be guided by the values we will all live by:
First, with Integrity in doing the right thing at all times regardless of the situation. This gives us unity and order, and it is also the basis of our effectiveness.
Second, in keeping the Spirit of Enterprise strong within ourselves at all times – we seek and pursue only the best opportunities through constant innovation and creativity, balanced with enormous discipline. And when we speak about the spirit of enterprise, it also means having the sense of ownership of the business… having “malasakit” in the way we use company assets, always behaving with the company’s long term welfare in mind.
Third, by practicing Professionalism in the truest sense of the word – our work ethics are anchored on discipline, reliability & performance. In return, those deserving are empowered so we can realize the best in ourselves and bring out the best among those around us.
Last, and more importantly, we will always act with the spirit of service delivering sincere care for our employees, customers, business partners, & the society we exist in.
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To make extra money while they were in college, Bernie H. Liu and four of his friends decided to join forces and resources to put up an informal business of designing & producing t-shirts for school and corporate giveaways. Utilizing the modest sized garment factory owned by his family, this entrepreneurial endeavor sparked an idea that could tap into the potential of the business. After graduation, he called on the same group of friends to conceptualize and design shirts for a market they themselves were very familiar with—the teenage market.
They came up with the brand name Penshoppe because “pen” was an ubiquitous tool for students. “Shoppe” was then added to symbolize the work that students did. Penshoppe was officially launched in March 1986 in Cebu, a major province in the Philippines . It was a bold move for any business as the country had just survived the EDSA revolution the month before and it was unclear what the political and social landscape would be like in the coming months. The brand thrived and a few years later, the merchandise was carried by leading department stores throughout the adjacent provinces in the country.
“We were nobody then,” says CEO Bernie Liu. With only 40 employees, you had an owner/CEO doing the rounds among the department stores and lining up for at least two hours at a time to meet with buyers to convince them to carry his brand. The experience allowed him to intimately learn how to run the business well, thereby growing it into a full-fledged retail business.
Following the success of Penshoppe, in 1996, GOLDEN ABC launched its second brand Oxygen to cater to a niche market that sought alternatives from the mainstream fashion being offered in today's leading brands. With limited quantities produced for each of its designs, Oxygen caters to a market with an active social lifestyle carrying a wide array of gimmick wear to choose from.
In 2003, GOLDEN ABC's third brand Memo was launched focusing on the young fast-moving corporate market. Memo offers casual work wear as a stylish and more comfortable alternative to the traditional office attire.
In 2004, GOLDEN ABC gave birth to its fourth brand ForMe. The brand was a breakthrough concept in brand marketing—ForMe hinged on the fact that women have different body types, and thus cannot wear the same kind of clothing. The brand name in itself has many meanings—formé is French for “form” while “for me” emphasizes that fashion is about individual forms and tastes. It rallies behind the fashion formula “conceal the flaws, enhance the assets.”
In 2008, GOLDEN ABC took a new bold step and ventured into the exciting industry of direct selling. It launched Red Logo, a fully owned subsidiary carrying its own clothing lines and lifestyle concepts tapping and exploring new markets.
In 2009, GOLDEN ABC brought in its very first acquired brand Regatta. This move is but a glimpse of the company's intent to build and acquire homegrown brands in the near future.
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Penshoppe: Award of Excellence (14th Philippine Advertising Congress)
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Oxygen: “Side B” Television Ad of the Year (The Creative Guild)
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2000 |
Penshoppe : Most Outstanding Retailer
(Philippine Retailers Association and the Department of Trade & Industry)
CEO Bernie Liu : Agora Award for Outstanding Marketing Achievement in Entrepreneurship (Philippine Marketing Association)
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2001 |
Penshoppe: Most Outstanding Retailer (Philippine Retailers Association and the Department of Trade & Industry; second year in a row)
CEO Bernie Liu : Ten Outstanding Young Men (TOYM) Award
(Junior Chamber International Philippines).
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2002
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Oxygen: Most Promising Brand (Philippine Retailers Association and the Department of Trade & Industry)
Penshoppe: Retail Hall of Fame (Philippine Retailers Association and the Department of Trade & Industry)
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Memo : Most Promising Retailer (Philippine Retailers Association and the Department of Trade & Industry)
Oxygen: Finalist, “Breathe” television commercial (2004 New York Festivals)
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Penshoppe: Bronze, “Battle Cry” television commercial (2005 New York Festivals)
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Penshoppe: Araw Values Awards Silver for “Battle Cry” print ad; Silver for “Battle Cry” television commercial; and Bronze for “Battle Cry” print ad (Advertising Foundation of the Philippines and the Adboard)
Oxygen is recognized as Most Outstanding Retailer by the Philippine Retailers Association and the Department of Trade & Industry
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CEO Bernie Liu : Cebu 's Most Inspiring Entrepreneur by the Philippine Center for Entrepreneurship, thru its Go Negosyo Program
Oxygen is elevated to the Retail Hall of Fame Medium Scale Category (Philippine Retailers Association and the Department of Trade & Industry)
ForMe is awarded the Most Promising Retailer Category (Philippine Retailers Association and the Department of Trade & Industry)
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2008 |
Penshoppe: Penshoppe: Winners' Circle Award, 10th Annual Merchant Rewards (Ayala Malls) |
2009 |
Memo is recognized as Most Outstanding Retailer by the Philippine Retailers Association and the Department of Trade & Industry |
2010 |
GOLDEN ABC: GOLD Bagwis Award for Corporate and Stores from the Department of Trade & Industry. GOLDEN ABC is the first fashion retail company to receive this award. |
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We live and breathe fashion. We promise our customers the trendiest and most attractive clothes catering to our customers' various and very distinct preferences. We remain true to the guiding principle that fashion and good taste go together, and so we maintain that we are fashionable and yet wholesome.
We pride ourselves in the creativity of our in-house talents. However, our creativity is disciplined and our success in the fashion world is not dictated by mercurial temperaments and moods that are usually identified with creative talents. The product and process innovations we pursue allow us to stay ahead of the competition and serve our customers the best way possible. The many recognitions and awards we have received are proof of this.
Fashion is a serious business. We ensure the quality of our work; we have clear-cut deliverables that translate to clear-cut achievements. Both successes and failures are evaluated, then we go back to our sketchpads to further improve and re-invent. And yet, a visit to our places of work and creation will show a fun-loving and vibrant culture that permeates throughout GOLDEN ABC. Yes, we work hard, but we play hard too.
Although GOLDEN ABC is a professionally run business undertaking, it remains proud of the heritage it was built upon. To this day, we continue to thank God for all the blessings he has bestowed upon us, and pray for guidance as we go about our daily tasks. Furthermore, we are a family owned corporation that prides itself in our concern, not only for employees, but for our employees' families as well.
As such, we push for economic value because we need to create wealth & value with which GOLDEN ABC can prosper, and in turn, provide for the needs of everyone it serves… our customers, our employees, our vendor partners and other stakeholders. Yes, just like any enterprise, we are a profit-driven company, but this is done so we can look after something higher-- individual human value. In return, the company sets an example on how one should give back to society, by involving its people with the various outreach programs with charitable institutions.
We are a fashion house of contrasts, and quite proud of this fact, for it is from this colorful palette that we are able to create our best ideas and bring them to reality.
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