Li & Fung acquires UK-based Orrsum in strategic expansion move

Li & Fung, the Hong Kong-headquartered multinational group and a leading global supply chain solutions partner, today announced its acquisition of Orrsum, a UK-based company in hosiery, underwear, and loungewear. Founded in 1998, Orrsum is recognised for its deep product expertise, delivering over 50 million pairs of socks annually to more than 5,000 retail locations worldwide.