FashionValet Co-Founders apologise to investors, step down from company

PETALING JAYA: Entrepreneur couple apologises and steps down from their position at FashionValet over the recent public fund’s investment debacle.

Vivy acted as the company’s chief executive officer while Fadzaruddin is FashionValet’s executive director. They said that they scaled up the company in anticipation of growth, only to fail when the Covid-19 pandemic hit.“There are so many things we wish we had done differently, so many other factors we wished we had considered before embarking on our expansion plans,” the statement read."They have always acted professionally and in the best interests of their organisations.

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