Luen Thai has embarked on selective acquisitions and joint ventures in order to support our full product range strategy. This move allows us to expand our apparel product categories and other capabilities.
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GJM/Tomwell – Sleepwear, Lingerie, Career Wear and Ladies Fashion
In 2002 and 2004, Luen Thai acquired Glynn and Jacquelyn Manson (GJM) and Tomwell Limited, respectively. GJM was the sleepwear division of New York-based Warnaco Group Inc. whose major clients include Victoria’s Secrets and Calvin Klein. Tomwell Limited, on the other hand, was previously owned by Kasper Limited, a leading ladies’ suits and career wear company acquired by New York Stock Exchange-listed Jones Apparel Group, Inc.
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Yuen Thai – Activewear
In 2004, Luen Thai and Yue Yuen, the world’s largest footwear manufacturer, sealed a joint venture to penetrate the growing activewear market. The collaboration resulted in the establishment of the Yuen Thai Development Center in Luen Thai’s Dongguan Supply Chain City.
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Tien Hu – Sweater
In 2005, Luen Thai acquired more than 50 percent of the Tien-Hu Group, a Hong Kong-based company engaged in the trade and manufacturing of sweaters.
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The TMS Group – Design and Trading
In 2006, Luen Thai acquired 50 percent of TMS, a company engaged in the design and trading of apparel business. The move boosted Luen Thai’s design and trading capability as well as its presence in Europe. Visit TMS website. [2]
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Shenzhen Guangthai International Company Ltd. (GTI) - Denim, Outerwear, Children's wear, and Pants
The year 2006 also marked the joint venture between Guangdong Foreign Trade Group Ltd. and Luen Thai. The result of the partnership is the GTI, which helped Luen Thai to penetrate the denim wear market and build its outerwear, children's wear, and pants capability. |
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Desk Top Bags Limited
In June 2008, Luen Thai and Desk Top Bags Limited formed a partnership which allows both companies to broaden their product categories and improve market reach. Desk Top is a leader in the design and manufacturing of laptop bags as well as fashionable handbags, backpacks and many others. Visit Desk Top's Website [3]
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