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Article: OXFORD CLOSE TO SHEDDING APPAREL GROUP ; ATLANTA-BASED MANUFACTURER EXPECTED TO SELL MOSTLY-PRIVATE-LABEL DIVISION TO LI & FUNG.
- Article from:
- Daily News Record
- Article date:
- October 15, 2007
- Author:
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Copyright informationCOPYRIGHT 2007 Fairchild Publications, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: Brenda Lloyd
ATLANTA - As Oxford Industries transitions to lifestyle brands and away from private label, market professionals have indicated the company, which owns Tommy Bahama and Ben Sherman, may soon sell another piece of its business to Li & Fung.
Oxford sold its Womenswear Group, comprised mostly of private label businesses distributed to the mass market, to the Hong Kong-based sourcing company in June 2006. Now, the word is that Oxford is considering selling its Oxford Apparel Group, which represents 30 percent of sales, to Li & Fung. As one Wall Street banker said, "It's a natural extension." Oxford had no comment, and DNR was unable to reach Li & Fung ...
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......the purveyor of island lifestyles, Tommy Bahama is debuting a new sportswear collection under the Tommy Bahama Relax label designed to further increase...this week for spring '06 selling. The Tommy Bahama line, for the most part, is about...
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