Sourcing giant Li & Fung has launched a new business unit reorganizing its existing factory support services.
NEW YORK—Sourcing giant Li & Fung announced in Hong Kong early this morning that it will acquire Fishman & Tobin, the 97-year-old boys’ apparel company. Though the deal has not officially closed yet, it is expected to be finalized in a matter of days. Chairman and CEO Mark Fishman and president Jim Rosenfeld will stay […]
NEW YORK–The Hong Kong-based sourcing giant Li &Fung announced early this morning that it will acquire Fishman & Tobin, the 97-year-old boys’ apparel company. Li & Fung acquired Kids Headquarters, a young men’s and children’s wear company, in 2009. Fishman & Tobin was founded in 1914 by brothers-in-law Samuel Fishman and Louis Tobin and has […]