TITLE

London Fog/Homestead Ready To Do It All

PUB. DATE
February 2005
SOURCE
Home Textiles Today;2/14/2005, Vol. 26 Issue 23, p1
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports that a little more than three months after home textiles supplier Homestead Fabrics Ltd. merged into London Fog Industries Inc., the combined company is presenting itself as a platform for the development of product--almost any soft lines product. The London Fog model takes a page out of the retailer-direct playbook, in which overseas buying offices prospect sheet sets one day, men's trousers the next and shoes the day after. The merged company operates sourcing/product development offices in 16 countries. David Greenstein, CEO, who founded and was formerly president of $100 million Homestead, also believes the company's structure will be better suited to adapt to the growing retail demand for in-and-out fashion cycles. INSET: FLAMMABILITY RESOURCES.
ACCESSION #
16068322

 

Related Articles

  • London Fog Charts a New Course. Young, Vicki M. // WWD: Women's Wear Daily;12/9/2004, Vol. 188 Issue 120, p37 

    Presents updates on the business of outerwear firm London Fog Industries Inc. as of December 9, 2004. Responsibility of David Greenstein as chief executive officer at HHI Homestead Holdings Inc., a subsidiary of London Fog Industries; Consolidation of London Fog trade division and London Fog...

  • New CEO, Ownership Help Clear London Fog. Tschorn, Adam; Young, Vicki M. // DNR: Daily News Record;12/13/2004, Vol. 34 Issue 50, p1 

    Reports on the appointment of David Greenstein as CEO of London Fog Industries (LFI) following the acquisition of controlling interest in the firm by the textile industry veteran's New York-based investment group, Greenco. Acquisition of the business assets of Homestead Fabrics by LFI; Career...

  • Sears, Kmart Fashion Redo. Moin, David // WWD: Women's Wear Daily;4/13/2006, Vol. 191 Issue 78, p9 

    The article reports on the vertical approach to product development adopted by retailer Sears Holdings in 2006, which involves sourcing and designing in-house, bypassing the domestic market in favor of direct importing and having merchants function as general managers rather than selecting...

  • Li & Fung Takes the Lead on Homestead. Felgneer, Brent // Home Textiles Today;10/30/2006, Vol. 27 Issue 41, p1 

    The article reports on the plan of Millwork Trading, a subsidiary corporation of Li & Fung Ltd., to acquire Homestead Fabrics Ltd. in the U.S. Millwork's bid is valued at $7.8 million under a Section 363 asset sale that will use the proceeds to fund a Chapter 11 liquidation. Homestead president...

  • Retailers grab power, control marketplace. Felgner, Brent H. // Marketing News;1/16/89, Vol. 23 Issue 2, p1 

    The article focuses on the shift in the balance of power in consumer products due to the growth of high-volume chain retailers in the U.S. Among the major players in general merchandise discounting are Wal-Mart and Price Co. According to Avijit Gosh, marketing professor at New York University,...

  • IN THE MIX.  // DSN Retailing Today;10/11/2004, Vol. 43 Issue 19, pF1 

    Report business developments related to the retail trade in the U.S. as of October 11, 2004. Increase in loyalty among food shoppers of Wal-Mart Stores Inc.; Plan of the Delhaize Group to acquire the 19-store chain Victory Super Markets; Introduction of a new artificial sweetener called Sugar...

  • DATAMONITOR VIEW.  // MarketWatch: Drinks;Apr2009, Vol. 8 Issue 4, p1 

    The article discusses various reports published within the issue including mergers and acquisitions in the drinks industry worldwide and new product review.

  • Editorial. Moody, Daryn // Journal of Telecommunications Management;Jan2010, Vol. 2 Issue 4, p300 

    The article discusses various reports published within the issue including "Lessons Learnt from Moving Towards an NGN Commercial Launch," by Ola Korsmo, "Building the Telco Production Line," by Gary Bruce and colleagues, and "Value Generation of Mergers and Acquisitions in the Technology, Media...

  • Abrams Named President of London Fog.  // Home Textiles Today;1/17/2005, Vol. 26 Issue 19, p19 

    The article reports that apparel producer London Fog Industries Inc. has now named home fashions veteran Len Abrams, as president of London Fog with responsibility for all sales and merchandising. Abrams is a veteran of more than 30 years in the home fashions industry, with experience in...

Share

Read the Article

Courtesy of VIRGINIA BEACH PUBLIC LIBRARY AND SYSTEM

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics