Business

Chile’s Falabella says looking for suppliers outside China

Chile’s Falabella is looking to expand its supplier network outside China, eying Bangladesh and Vietnam, a top executive for the company said Thursday during a call to discuss third-quarter results.

The Chilean retailer on Tuesday reported a third-quarter net loss of 24.87 billion pesos ($25.7 million), down from the 183 billion peso profit seen one year ago.