NEW YORK — Li & Fung Ltd. is said to be finalizing a deal to purchase Synergies Worldwide, a New York-based sourcing firm that specializes in South Asia.
It is that expertise that is said to have attracted the Hong Kong-based sourcing giant, which has its manufacturing base in China, to Synergies, according to a source with knowledge of the transaction.
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)