Sun Capital Securities Group LLC is shuttering Hong Kong-based sourcing operation Kellwood Trading Ltd. The vendor is in talks with Li & Fung Ltd. to consolidate and outsource its manufacturing.
"We are in discussions with Li & Fung to provide sourcing expertise for our Kellwood Global Asia organization," a Kellwood Co. spokeswoman said. "Kellwood Global Asia provides sourcing services to certain Kellwood divisions. It is anticipated that most of Kellwood Global Asia associates will join the Li & Fung organization."
Hermès is launching a Laundromat pop-up shop in NYC - dubbed Hermèsmatic - where customers can bring their old scarves to be dip-dyed by an expert. Get all the details on WWD.com. #wwdnews (📷: @donstahl)