Global Brands Group
| Public company | |
| Traded as | SEHK: 787 |
| Industry | Retail |
| Founded | 4 December 2013 |
| Headquarters | Hong Kong |
Area served | United States, People's Republic of China |
Key people | Chairman: William Fung |
| Products | Apparel, footwear, fashion accessories and lifestyle product |
| USD 164,098,000 (2013) | |
| USD 113,528,000 (2013) | |
Number of employees | approximately 3,000 |
| Parent | Li & Fung |
| Website | Official Website |
Global Brands Group Holding Limited (Chinese: 利標品牌有限公司) is an apparel, footwear, fashion accessories and related lifestyle product company. Its operates two core segments, Licensed Brands and Controlled Brands.
The company has licences for brands including Calvin Klein, Cole Haan, Michael Kors, Guess, Coach, Nautica, Tommy Hilfiger, Nine West and Under Armour, as well as cartoon, film and game characters, including Hello Kitty and various properties from Disney.[1] The controlled brands are Frye, Juicy Couture, Spyder, Aquatalia, David Beckham, Jennifer Lopez, Jones New York, Rachel Zoe, Buffalo David Bitton, Joe's, Rosetti, Tignanello, and Kathy van Zeeland.[2]
Background
The history of Global Brands Group can be traced back to 2005 when Li & Fung established a wholesale business focusing on private label and branded apparel in order to broaden its relationships with existing and new retailer customers. On 4 December 2013, in preparation for the spin-off from Li & Fung and Listing, Global Brands Group was incorporated in Bermuda. On 13 December 2013, it became a wholly owned subsidiary of Li & Fung.[1]
On 9 July 2014, Global Brands Group was listed on the Main Board of the Hong Kong Stock Exchange by way of introduction as a result of a spin-off from its parent company Li & Fung. Its business is now separate and independent from Li & Fung's trading and logistics businesses.[1]
On 9 November 2014, David Beckham was seen meeting with the executives of Global Brands Group in Lai Chi Kok, Hong Kong. Rumours are that Beckham is partnering with the group on his own line of casual menswear.[3]
Management
- William Fung: Chairman and Non-Executive Director
- Bruce Philip ROCKOWITZ: Vice Chairman, Chief Executive Officer and Executive Director
- Dow Peter FAMULAK: President and Executive Director
- Ronald VENTRICELLI: Chief Financial Officer
- Paul Edward SELWAY: Independent Non-Executive Director
- SWIFT Stephen Harry LONG: Independent Non-Executive Director
- Hau Leung LEE: Independent Non-Executive Director
- Allan Zeman: Independent Non-Executive Director
- Audrey WANG LO: Independent Non-Executive Director
- Ann Marie Scichili: Independent Non-Executive Director
References
- 1 2 3 Listing Document, Global Brands Group, dated 26 June 2014
- ↑ http://www.globalbrandsgroup.com/brands?cat=controlled&sub=Frye
- ↑ http://www.thestandard.com.hk/news_detail.asp?we_cat=21&art_id=151264&sid=43339669&con_type=1&d_str=20141111&fc=1