v3.21.2
NATURE OF BUSINESS (Tables)
6 Months Ended
Jun. 30, 2021
Accounting Policies [Abstract]  
SCHEDULE OF PRINCIPAL SUBSIDIARIES

The details of the principal subsidiaries of the Company are set out as follows:

 

Name of Company  Place of Incorporation  Date of Incorporation   Acquisition Date  Attributable Equity
Interest %
   Business
12 Retail Corporation (“12 Retail”)  Arizona, USA   Sept. 18, 2017   Formed by 12 ReTech Corporation   100%  Includes the operations of Bluwire Group, LLC (acquired October 1, 2019), and its subsidiaries and as its own operations.
                    
12 Fashion Group Inc  Arizona, USA   June 26, 2020   Formed by 12 ReTech Corporation   100%  Includes the operations of Red Wire Group, LLC (acquired February 19, 2019, now defunct), Rune NYC, LLC (acquired March 14, 2019), Social Decay, LLC dba Social Sunday (acquired November 01, 2019), and other brands
                    
12 Tech Inc  Arizona, USA   Dec 26,2019   Formed by 12 ReTech Corporation   100%  Includes the operations and Intellectual Properties of 12 Japan Limited (acquired July 31, 2017), 12 Hong Kong Limited (acquired July 31, 2017), and 12 Europe AG (acquired October 26, 2017, now defunct), and its own operations