Thursday, July 10, 2014

Global Brands Group: Fashion Licensing

Posted by Beni Schaub at 7:35 AM
Li & Fung’s spun off consumer brands and licensing business, Global Brands Group, began trading in Hong Kong Wednesday July 9, 2014.

The Group started in 2005 when Li & Fung established a wholesale business focusing on private label and branded apparel in order to broaden its relationships with existing and new retailer customers. Founded in 1906 in Guangzhou, China, Li & Fung is a leading global sourcing firm which has expanded into a multinational group and is recognized as a leader in consumer goods design, development, sourcing and distribution. Li & Fung has been listed on the Hong Kong Stock Exchange since 1992.

From its origins with just a few small-scale licensed brands, the Group has evolved and grown to become one of the world's leading branded apparel, footwear, accessories and related lifestyle product businesses in the world. Following completion of the Reorganization and the Spin-off, the Group's business will be separate and independent from Li & Fung's trading and logistics businesses.

Global Brands Group Holding Limited (“Global Brands” or the “Group”; SEHK Stock Code: 787), one of the world’s leading branded apparel, footwear, fashion accessories and lifestyle product companies, today commenced trading on the Main Board of The Stock Exchange of Hong Kong Limited. The spinoff of Global Brands from Li & Fung Limited (“Li & Fung” or SEHK Stock Code: 494) enables the Group to leverage its well-established platform to significantly accelerate the growth of the business globally.

Global Brands designs, develops, markets and sells products from its portfolio of licensed and owned brands worldwide. The spinoff of Global Brands from Li & Fung Limited, and the establishment of a separate management team, became effective on 7 July 2014.

Learn more about how Li & Fung is important to the fashion industry at the Fashion Industry Network.

Learn more about Li & Fung here on the Apparel Search website.
They certainly have a nice collection of fashion brands.

Thank you for taking the time to read our fashion blog post. We hope that you have found this news to be informative. If you have comments or questions, please add your thoughts in the discussion area below.

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