POWER PLAYERS (26-50).(Home furnishings industry)
HFN: The Weekly Newspaper for the Home Furnishing Network, June, 2005
26. William Fung and Rick Darling
Group managing director and president, respectively
Li & Fung USA
It was a big year for global trading powerhouse Li & Fung USA, exemplified by the company's announced plan to move to a 93,000-square-foot office on Broadway in New York.
Meanwhile, the company has also restructured the Royal Velvet and Cannon teams, naming Jack Toolan executive vice president of the newly formed Home Brands Group. Royal Velvet towels are already in stores, while Cannon is expected to be launched in the first quarter of 2006.
While the launch of Royal Velvet towels at Kohl's wasn't without its share of glitches, home remains the fastest-growing segment of Li & Fung's American business. With other...
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