Many Khaisilk stores are looking for tenants.

Some premises formerly used as Khaisilk stores in Hanoi and Ho Chi Minh City are hanging signs looking for tenants.

At Khaisilk stores in Ho Chi Minh City, all signs and products are gone. The premises that the brand previously rented at 101 Dong Khoi (District 1) are now listed as for rent.

People around said that this store has been closed for more than half a month now and the premises have been returned to the previous owner. The owner has put up a “for rent” sign for a long time, but only now have customers started coming to inquire.

At store number 34 Vo Van Tan, District 3, the security guard said that from November 10 to December 10, there were still employees coming to receive and exchange goods for customers, but now there is no one left at the store. The entire premises have been sealed and returned.

The former Khaisilk store at 101 Dong Khoi is now for rent. Photo: Thanh Nguyen.

Meanwhile, in Hanoi, two Khaisilk stores at 113 Hang Gai (Hoan Kiem District) and 26 Nguyen Thai Hoc (Ba Dinh District) also announced that they would close from the end of October - the time when the market management agency conducted an inspection of the business activities of this unit. On December 16, cThe two-story store at 26 Nguyen Thai Hoc is closed and its sign has been removed. A real estate broker said the store owner is looking for a tenant. However, he did not reveal who owns the land.

Khaisilk's second store in Hanoi located at 113 Hang Gai has been virtually inactive since late October.

"During the first week of closing, we occasionally saw people coming in and out. However, for the past month, very few people have come to the store," said a resident living near the store.

Ms. Tinh, a customer who bought some items here, said that in early November she also contacted the store to come here to exchange the towel. However, the store representative said that only customers who still have the receipt can make the exchange or return.

"Because I didn't keep the receipt, the store staff couldn't return the product I bought for nearly one million VND each," said Ms. Tinh.

Khaisilk store at 113 Hang Gai, Hanoi closed at the end of October. Photo: TL.

Recently, the results of testing and assessing the quality of textile products for some product samples of Khai Duc Company Limited, the owner of the Khaisilk brand, showed that there was no silk ingredient as declared on the product label about the raw material ingredients in the product being 100% silk.

The leader of the Department of Competition and Consumer Protection (Ministry of Industry and Trade) - a member of the interdisciplinary inspection team on law enforcement in commercial activities, production, trade of counterfeit and banned goods and protection of consumer rights said,Seven out of 10 Khaisilk product samples had test results that differed from the declared information on ingredients. Accordingly, there were six products declared as "100% silk" but in reality were "100% polyester" or had "polyamide base fabric" and "polyester/rayon pattern". In addition, there was one product declared as "100 pashmina" but in reality was "49.9% rayon, 35.3% acrylic and 14.8% wool".

Statistics from the General Department of Customs show that within 3 years (2006 - 2009), Khai Duc imported fashion products from China and Thailand. However, from 2009 to October 15, 2017, the company no longer imported fashion items. From 2012 to present, the company has not carried out production, processing or ordering processing of fashion products from domestic enterprises and production facilities.

Instead, this enterprise mainly buys finished products from stores, businesses, and other enterprises in the market and attaches one of three product labels: "Khaisilk®", "Khaisilk stylized" and "Khaisilk Made in Vietnam" to sell in the market.

The Ministry of Industry and Trade has transferred the case files and evidence to the police investigation agency for handling according to regulations for signs of criminal violations. The Ministry will also monitor, continue to clarify and handle according to regulations for violations of enterprises under its authority.

According to VNE