Elise Fashion Limited Company: Company Profile

Overview

Elise Fashion Limited Company — known in Vietnamese as Công ty TNHH Thời Trang Elise — is a Hanoi-based fashion retailer registered on 8 August 2018 under Business ID 0108393204. The company operates as a one-member LLC, fully owned by Elivina Company Limited, a Vietnamese holding entity. Its head office is at No. 2, Ton That Tung Street, Kim Lien Ward, Hanoi, with retail branches in Ca Mau, Dong Nai, and Khanh Hoa provinces.

Classified as a foreign direct investment (FDI) entity, the company carries a charter capital of USD 10.27 million and employs approximately 2,000 staff. Its core business is the retail of women's and children's fashion products under the Elise brand through its nationwide chain of specialized stores.

Key Personnel

The company is chaired by Mr. Tokuo Y. (Japanese national), with day-to-day operations led by General Director Mr. Manuel J. S. (Sri Lankan national) — a management structure that reflects the brand's international backing.

Financial Highlights

Elise Fashion has demonstrated a solid post-pandemic recovery trajectory. After recording a significant net loss of USD 3.52 million in 2021, the company returned to profitability in 2022 with a USD 3.65 million net profit, and maintained profitability in 2023 at USD 2.76 million. Total sales grew steadily from USD 26.4 million in 2021 to USD 34.9 million in 2023, while total assets expanded to USD 20.6 million and owner's equity reached USD 15.8 million — both reflecting consistent year-on-year improvement.

The 24.37% dip in net profit between 2022 and 2023 is worth monitoring, though it comes against a backdrop of rising assets and equity, suggesting ongoing investment in the business rather than operational distress. Working capital stood at a healthy USD 12.53 million as of the latest reporting period.

Overall, Elise Fashion presents as a growing, brand-driven retailer with a strengthening balance sheet and a recognizable market presence in Vietnam's mid-range fashion segment.

Source: VNBIS Company Profile Report, February 2026