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Shareholder of Hong-Kong's I.T moves to privatise retailer

2020-12-07 14:02:00| Daily apparel & textile news and comment - from just-style.com

The majority shareholder of Hong Kong apparel retailer, I.T., has teamed up with a private equity fund to privatise the retailer after it suffered mounting losses due to the Covid-19 pandemic.

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Founding family bids US$930m to privatise Li & Fung

2020-03-20 11:14:00| Daily apparel & textile news and comment - from just-style.com

Global sourcing and logistics giant Li & Fung has received an offer worth US$930.7m to take the company private by a group controlled by the founding Fung family.

Tags: family bids founding fung

 

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