About Carnival

Founded In 

1969

3 Major Business Segments

Own brand, Franchised brands, and New ventures

Business Philosophy

With Integrity and Stability -
We strive for perfection and never ceases to innovate and develop in its quest to create clothes that exceeds customers’ standards

At Carnival, we bring our hearts and minds to work. Thanks to our 50 years of experience in hand-tailored suits that are made with integrity, care, and sharp insights into materials, we have evolved into a supply chain management business model to support our house of brands that provides customers with versatile and stylishly options in any occasion
Major Milestones
  • 2019-10-01
    1969
    Carnival Textile Corporation established with paid-in capital of NT$8 million
  • 2019-10-01
    1970
    Opens first factory in Zhongli
  • 2019-10-01
    1972
    Establishes Knitting Department and Apparel Department and begins exporting women's ready-to-wear garments
  • 2019-10-01
    1976
    Stock listed on TWSE in December with a capitalization of NT$144.45 million
  • 2019-10-01
    1977
    • Establishes the Domestic Sales Department and launches its ready-to-wear brand “Carnival.”
    • Opens store in Shin Kong Mitsukoshi Nanxi Store (Taipei) and President Department Store (Kaohsiung)
    • Opens a regular, independent chain store in Degui (Taipei)
  • 2019-10-01
    1979
    After stringent testing conducted by the International Wool Secretariat, Carnival becomes the first ready-to-wear suit brand in Taiwan to carry the Woolmark logo
  • 2019-10-01
    1983
    Opens the Taipei Guanqian Store, and signs a technical agreement with Ginza Yamagataya; the Company officially changes its name to
    “Carnival Industrial Corporation”
  • 2019-10-01
    1986
    Establishes group uniform business
  • 2019-10-01
    1988
    • Establishes “Carnival Industrial Corporation, Philippines”
    • Acts as an agent for HENRY GRETHEL, JACK NICKLAUS, and AUSTIN REED
  • 2019-10-01
    1991
    • Starts cooperation with Xiexin Wool Textile (Wuxi) and establishes “Carnival Apparel Corporation”
    • Preferred Bank (USA) becomes a portfolio company as the Company’s broad investments unfolds
  • 2019-10-01
    1992-1996
    Continues to invest in OEM business in Asia, and establishes “BVI Carnival International Industrial Corporation”, “Jiaxi Building Corporation (Wuxi)”, “Hujia Apparel Corporation (Wuxi)”, “Xiexin Wool Textile & Dyeing Corporation (Wuxi)”, “BVI Carnival Overseas Corporation”, “Jiafei Corporation (Philippines)”, and “Xinyu Apparel Corporation (Wuxi)”
  • 2019-10-01
    1997
    • Establishes “BVI Carnival Universal Corporation”
    • Precision Silicon Corporation becomes a portfolio company
    • Issues first domestic unsecured convertible bonds
    • Officially changes its English name to “CARNIVAL INDUSTRIAL CORPORATION”
  • 2019-10-01
    1998
    Starts a strategic alliance with the “Yulon Group”
  • 2019-10-01
    1999
    • Becomes an agent for French luxury brand: NINA RICCI
    • Establishes R&D Center in Taipei to improve quality management and production technology
    • Becomes an agent for renowned American designer brand JOSEPH ABBOUD
    • Donates NT$2 million for 921 Earthquake relief from Carnival’s 30th anniversary activity fund
    • Celebrates its 30th anniversary and officially activates the new CI (corporate identity) system
  • 2019-10-01
    2000
    • Production technology seminar jointly held by the Zhonglifactory, Philippine factory, and R&D Center
    • Well-known American brand ANNE KLEIN invests in the Zhongli factory, recognizing the transformation of production technology.
    • Becomes an agent for a well-known Italian casual wear brand: CERRUTI JEANS
    • Transfers back-end women’s apparel production lines from Zhongli Factory to the Philippines
  • 2019-10-01
    2002
    Establishes “Carnival International Co., Ltd.” with franchising business as the core activity
  • 2019-10-01
    2003
    Establishes “Công Ty Tnhh Li-Yuen Garments” for the manufacture of women’s woven wear
  • 2019-10-01
    2004
    Becomes an agent for the Italian luxury brand, Giorgio Armani
  • 2019-10-01
    2005
    Shihua Investment Co., Ltd. and Jiasheng Investment Co., Ltd. are merged, and 35,865,634 shares of subsidiaries canceled, resulting in a change in capital to NT$3,798,836,800
  • 2019-10-01
    2008
    Becomes an agent for a renowned Italian brand Diesel
  • 2019-10-01
    2011
    Becomes an agent for the classic American brand Cole Haan
  • 2019-10-01
    2015
    Establishes Carnival Generation – the younger line of “Carnival”
  • 2019-10-01
    2019
    AGM approved capital reduction
2020
  • Board of directors re-elected, and the business model integrating the supply chain management and the House of Brands is created
  • Zhongli factory attains ISO certification
  • Wins the tender of ROC Navy Exchange and Air Force Exchange
20QMA11746
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