Singapore’s Temasek Invests In Moncler - Men's Folio
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Singapore’s Temasek Invests In Moncler

  • By Chelsea Tan

No Singaporean worth his or her Hainanese chicken rice would be foreign to the names of SMRT Corporation Ltd, DBS Group Holdings Ltd, Singapore Airlines Limited, and the like. We never thought these companies would make an appearance in fashion news, but now, times are different. Temasek – one of Singapore’s biggest investment companies and investor in aforementioned firms – has just invested in Moncler.

We’re as surprised as you are. Moncler marks their first significant investment in an Italian firm – and a fashion one at that. For all that talk about our nation’s pragmatism, this only means one thing: fashion is important, y’all.

Jests aside, read more about the investment on Luxuo.