Mr Ron Hersh and Mr Stephen Chen, co-Presidents of Rosetti, said, “Rosetti is one of the leading designers and importers of handbags in America. We are excited about combining our expertise with Li & Fung's global sourcing capabilities to create the leading handbag resource for customers worldwide.”
The Rosetti handbag business comprises the design, arrangement for the manufacture of, import, marketing and sale of women's handbags, purses and related accessories for its own brand, as well as licensed and private labels for United States retailers including department stores, mass-merchants and specialty stores. The company designs its handbag lines internally and outsources the production of finished goods to a network of manufacturers, particularly in Southern China.
Li & Fung Limited is the world's leading buying agency for consumer goods, managing the supply chain for retailers and brands worldwide. Headquartered in Hong Kong, the Group services its customer globally through a sourcing network of over 70 offices in 40 countries and territories.
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