Global Brands Group, the new spin-off of sourcing and distribution company Li & Fung, has renewed and expanded its licensing arrangement with Disney Consumer Products.
The new spin-off company of sourcing and distribution group Li & Fung Limited–Global Brands Group–made its debut on the Hong Kong stock exchange Thursday.
Multi-national sourcing and distribution group Li & Fung has taken the next step in its plans to split off its brands and licensing business.
Li & Fung Limited announced that it is considering spinning off its brands and licensing businesses into a standalone unit.
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