IN BRIEF: LI & FUNG UNVEILS PLAN FOR CANNON...NEWELL TAPS NEW BUSINESS PRESIDENT...ONEIDA FILLS EXECUTIVE SALES VP POST...(Li and Fung USA)
HFN: The Weekly Newspaper for the Home Furnishing Network, April, 2005
LI & FUNG UNVEILS PLAN FOR CANNON
Li & Fung USA is working on a two-tiered structure for its bedding and bath program under the Cannon brand.
Jack Toolan, senior vice president and general manager of Cannon and Cannon Royal Family global licenses, said there would be an opening-price-point bath towel at $4.99 in 12 colors and a better towel for $6.99 in 10 colors. In bedding, sheets are at 220-blend and 250-thread-count cotton construction.
The products will be available in stores in February 2006. Li & Fung is targeting traditional mass merchants and midtier department store channels.
NEWELL TAPS NEW BUSINESS PRESIDENT
Newell Rubbermaid Inc. has named Shaun Holliday president of new business and innovation, reporting...
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