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Hang Ten (brand)
Hang Ten is a Hong Kong-owned lifestyle and apparel company that had its origins in surf wear but now makes mass-market casual clothing and other items, selling the bulk of its products in the East Asian market, including Hong Kong, Taiwan and South Korea. Hang Ten's name comes from the surfing maneuver of 'hang ten, hanging ten', that is, to hang all ten toes over the edge of the surfboard. Its original logo was a sewed-on pair of little feet. Today, the company licenses its logo and designs for apparel, paddle-boards, skateboards, surfboards, sun care, and other lifestyle products. Hang Ten products are sold in many countries around the world, including the United States, Canada, Mexico, Panama, Brazil, Hong Kong, Korea, Taiwan, Japan, China, Singapore, Myanmar, the Philippines, Malaysia, Cambodia, Pakistan, Australia and South Africa. History Hang Ten was founded in 1960 in Seal Beach, California by Doris Moore and Duke Boyd, as a maker of surfing apparel. It branched into oth ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Li & Fung
Li & Fung Limited is a Bermuda-incorporated, Hong Kong-based supply chain manager. In 2020, it was reportedly struggling to turn its century-old business around for years. On 13 February 2017, it was removed from the blue chip index: Hang Seng Index and replaced by Geely Auto. Between 2011 and 2020, it lost 95% of its market value with its turnover almost halving. The company was privatized in 2020. In 2020 the Fung family privatized the company with a 94 percent stock price loss (HKD 1.25) from its best performance back in 2011 (HKD 21.319). A massive restructuring took place after the privatization that reportedly reduced 70% of staff globally leading to employee protests at the entrance of the Hong Kong office and claims of unlawful dismissals in the Bangladesh office. The company has also been accused of not paying suppliers together with a long list of retailers. A few days prior to Li & Fung's use of a coupon step-up that was announced on August 12, 2020, Li & Fung ann ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
