11/11/2013

Rise of the fourth conglomerate




Li & Fung is a trading empire founded in Hong Kong run by William Fung and brother Victor Fung. The brothers are buying into British heritage, slowly buying brands, particularly on Savile Row.
They already own Gieves and Hawkes,Hardy Aimes and recently Kilgour, the Savile Row tailors who have dressed celebrities including Jude Law,Hugh Grant and Daniel Craig.

Apparently Fung's plan is to add keep adding more upmarket menswear brands to the group, creating synergies to build the brands up in Asia and the US. I wonder who will be next on their list?

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