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Business

Li & Fung acquires UK-based Orrsum in strategic expansion move

Li & Fung, the Hong Kong-headquartered multinational group and a leading global supply chain solutions partner, today announced its acquisition of Orrsum, a UK-based company in hosiery, underwear, and loungewear. Founded in 1998, Orrsum is recognised for its deep product expertise, delivering over 50 million pairs of socks annually to more than...

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Design

Original Penguin signs new licensing deals

Perry Ellis International, which owns Original Penguin, has signed new licensing agreements with 33Joints and Orrsum to develop its Original Penguin by Munsingwear collection. 33 Joints, which also designs footwear for Firetrap and Blowfish, has been award the license to design, manufacture and distribute Original Penguin by Munsingwear's...

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