Li & Fung Acquires Homestead

Felgner, Brent
November 2006
Home Textiles Today;11/27/2006, Vol. 27 Issue 43, p4
Trade Publication
The article discusses about Li & Funs's acquisition of Homestead Fashion Bedding Division. A brief historical overview of Homestead, along with the details of the acquisition and the two new bedding lines Royal Velvet and Cannon slated for February 2007 launch are provided in the article. The article also mentions the e-mail sent by Rick Darling,the president of Li&Fung, to the team of Homestead Division and his consideration of the acquisition as 'another step in company's evolution'.


Related Articles

  • Li & Fung Hires VP of Sales.  // Home Textiles Today;10/10/2005, Vol. 27 Issue 5, p35 

    Reports that Li and Fung USA, a subsidiary of Hong Kong-based global sourcing group Li and Fund Trading Ltd., has hired Jeffrey Kambak as vice president of sales for the Home Brands Group. Kambak to head the sales forces for the Cannon and Royal Velvet brands; Career background.

  • Li & Fung, Skechers Ink Deal. CLARK, EVAN // WWD: Women's Wear Daily;6/13/2011, Vol. 201 Issue 120, p2 

    The article reports on a licensing deal between Li & Fung Ltd.'s Li & Fung USA (LF USA) division and Skechers USA Inc. to produce men's and women's apparel and accessories under Skechers brands. It states the apparel will launch in the mid of 2012 and will be pitched to the same department...

  • Levi's Signs License With Li & Fung. Bailey, Lee // DNR: Daily News Record;6/28/2004, Vol. 34 Issue 26, p4 

    Reports on the licensing agreement between Levi Strauss & Co. and Li & Fung USA for the design, manufacture and marketing of men's apparel as of June 2004. Outcome of the arrangement; Information on Levi's and Li & Fung; Statement from Rick Darling, president of Li & Fung regarding the agreement.

  • U.S. COMPANIES REASSESS CHINA SOURCING STRATEGIES. Ellis, Kristi // WWD: Women's Wear Daily;2/15/2008, Vol. 195 Issue 36, p13 

    The article reports that the rising cost in China and potential punitive action by the U.S. are forcing companies to review the risks associated with sourcing billions of dollars in apparel from the manufacturing powerhouse. According to Rick Darling, president of Li & Fung USA, the overall...

  • Li & Fung Readies for Expansion. Young, Vicki M. // WWD: Women's Wear Daily;5/16/2005, Vol. 189 Issue 103, p10 

    Reports on the creation of two management teams at Li & Fung USA to focus on the apparel and home categories. Responsibilities of Robert Crocco as executive president of the company; Significance of creating the management structure according to Rick Darling, president of Global Brand Business...

  • Brand Licensing's Newest Strategist. Lisanti, Tony // License! Global;Jul2008, Vol. 11 Issue 6, p59 

    The article features Li & Fung USA, headed by Rick Darling. He shared that for the company's three-year strategic plan in 2004, the company thought of adding brand and design capabilities to its core competencies, which refer to product development, quality control, and distribution. The three...

  • Hot Times for Home Textiles. Marks, Jennifer // Home Textiles Today;11/13/2006, Vol. 27 Issue 42, p18 

    The article cites cases that argue against the belief that the home textiles industry in the U.S. is a battered and embattled sector. GHCL Ltd. has acquired Dan River Inc. and continues to look for other home textile suppliers. American Real Estate Partners LP continues to invest in WestPoint...

  • Li & Fung USA hitting home.  // Home Textiles Today;8/23/2004, Vol. 25 Issue 48, p1 

    Reports on the plan of Li & Fung USA to improve its well-known home textiles brands into its portfolio in the U.S. Enhancement of its marketing strategy and deal on the license for Canon brand; Development of product development, sourcing and merchandising team; Establishment of the supermarkets...

  • Duvets lead in textiles growth.  // Cabinet Maker;02/23/2001, Issue 5226, p4 

    Reports the growth of the household textiles market in Great Britain. Statistical figures gathered from AMA Research; Composition of the bedlinen sector; Value of the filled products market.


Read the Article


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

Try another library?
Sign out of this library

Other Topics