×
6 520
Fashion Jobs
HOLLISTER CO. STORES
Hollister CO. - Graduate Manager in Training, George Street
Permanent · Edinburgh
HOLLISTER CO. STORES
Hollister CO. - Graduate Manager in Training, Braehead
Permanent · Renfrew
JOHN LEWIS
Section Manager Warehouse
Permanent · WEYBRIDGE
HARRODS
Concessions HR Manager
Permanent · LONDON
HARRODS
Stock Operative
Permanent · LONDON
HARRODS
Restaurant General Manager
Permanent · LONDON
HARRODS
CRM Executive Customer Data
Permanent · LONDON
OYSHO
New Store Opening - Oysho White City - General Manager
Permanent · LONDON
HARRODS
Uniformed Security Officer
Permanent · LONDON
HARVEY NICHOLS HEAD OFFICE
Ecommerce Director
Permanent · LONDON
NEXT
Sales Coordinator - Galashiels
Permanent · HUDDERSFIELD
SPORTS DIRECT
Loss Prevention Supervisor
Permanent · LEICESTER
SPORTS DIRECT FITNESS
Assistant General Manager - Everlast Fitness
Permanent · BURY ST EDMUNDS
SPORTS DIRECT FITNESS
General Assistant - Everlast Gyms
Permanent · BURY ST EDMUNDS
SPORTS DIRECT FITNESS
General Manager - Everlast Fitness
Permanent · RUGBY
EVERLAST GYMS
General Manager - Everlast Fitness
Permanent · STOKE-ON-TRENT
AESOP
Retail Consultant | Full-Time | Aesop st James Quarter, Edinburgh, Scotland
Permanent · London
HEAD OFFICE
Merchandise Planner – Food & Grocery Merchandising
Permanent · BRACKNELL
HEAD OFFICE
Digital Product Manager
Permanent · LONDON
NEXT
Delivery Coordinator - Llandudno
Permanent · LLANDUDNO
NEW LOOK
Sales Manager
Permanent · STRETFORD
EVERLAST GYMS
General Assistant - Everlast Fitness
Permanent · NETHERFIELD
Ads
Published
Jan 16, 2013
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Li & Fung buys cosmetics group Lornamead

Published
Jan 16, 2013

Hong Kong sourcing giant Li & Fung has acquired cosmetics group Lornamead, which currently distributes 20 American, English and German brands in 60 countries.


The Lornamead portfolio includes the brands Vosene, Harmony, Crisan, Dical, Lanosan, Wright’s and Yardley. For the financial year ending 31 March 2012, the British group reported turnover of 155 million dollars. Li & Fung are said to have paid 190 million dollars to acquire the group, with the aim of reinforcing is position in the beauty and cosmetics market.

“The acquisition of Lornamead will further expand our market share in the beauty business on a global basis,” said Bruce Rockowitz, Li & Fung’s president and chief executive officer. “As we see increasing opportunities in the beauty business across Asia, this transaction will add a strong growth driver for LF Asia in the beauty and cosmetics arena.”

For the first half of 2012, Li & Fung reported a turnover of 9.1 billion dollars, up 4%. The group own brands Frye, Mountek, RJ Colt, Cerruti, JMI, Shubiz and Hardy Amies amongst others. The group also has shares in Robert Clergerie and Sonia Rykiel. The Hong Kong sourcing specialist also handles the sourcing for Liz Claiborne (Lucky Brand, Juicy Couture) and the British group Visage.

Copyright © 2022 FashionNetwork.com All rights reserved.