Li Feng Buys Us Clothing Brand Oxford&Nbsp For 120 Million US Dollars; Apparel
Lifeng
It announced that its Affiliated Companies, Li Feng (US), has acquired most of the assets of Oxford Apparel (one of the operating subsidiaries of Oxford Industries, Inc.). The acquisition of Oxford Apparel is expected to be completed by the end of December this year, and the price will be about $121 million 700 thousand.
Oxford Apparel mainly produces brand and private
Brand product
It includes men's dress shirts, suits, sportswear, casual pants, jackets, sweaters, jeans, swimsuits and Western Denim Wear. Its products are distributed throughout the United States, covering different types of department stores, large chain stores, catalog retail stores, special retail stores, specialized shops and online stores.
Its business is expected to provide an important new impetus for Li Feng's men's clothing business platform in the United States.
The group also said that Li Feng (USA) will launch the first and global industry.
Famous artist
Jennifer Lopez and Marc Anthony cooperate with the fashion brand, and will be sold in Kohl 's store.
Kohl s department store and Music Entertainment Sports Holdings (hereinafter referred to as "MESH") announced plans to cooperate with Jennifer Lopez and Marc Anthony to launch the contemporary fashion brand series, which is the Department of Li Fung (USA) and the joint venture of Li Fung (USA) and the company.
The brand will first introduce ladies and men's clothing and accessories, and it is expected that products will be extended to household products later.
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