
Global consumer goods exporter Li & Fung announced on Monday that it will be purchasing American business clothing retailer Wear Me Group in the tune of $402 million. Aside from business clothing, the Wear Me Group consortium also manufactures children’s and women’s apparel such as lingerie and outdoor clothing.
This move will make it possible for the Chinese conglomerate to expand into more markets worldwide and reach out to more consumers now that they are offering more products and services. The company revealed in a statement that it will be expanding its brands and private label businesses now that it has acquired several companies, including the American apparel giant.
The acquisition would enable Li & Fung to expand into new markets and categories and benefit its portfolio of brands and private label businesses, the company said in a statement.
The terms and conditions have been laid out in the statement released for public viewing last week. The list of board directors and other officials have been specified on the press statement as well.

Actress Hilary Duff was seen recently sporting on a number of casual business attires for her latest film.
Understandably, her role for the upcoming film “The Business of Falling in Love,” requires the former teen star to wear casual business attire. Magazine reports revealed that the clothes were tastefully selected to fit the young actress.
According to reports, Duff looked beautiful on several array of secretary which ranged from block pink and red skirt ensemble, leopard print pencil skirt, a little lingerie and many more. These were seen during the filming of the movie on the set.
Movie buffs likened the story of the film on the famous “Sex and the City” movie because Duff will be portraying a role of a freelance journalist who’s seeking for love in New York City. Her role seemed familiar with Carrie Bradshaw of the “Sex and the City” fame played by Sarah Jessica Parker.
Hard times call for adjustments, especially in the fashion industry.
The Winter Park’s Fashion Week will now be more accessible to the public as the organizers decided to reduce the ticket prices in a bid to attract more audience. The tickets are said to cover the entire week of fun events plus the fact that viewers get to see two shows this year as compared to a year ago when there was one.
Harriet’s Park Avenue Fashion Week Director Jess Cearley revealed that they had to divide the show into two in order to feature daytime and evening outfits.
The Emerging Designers Contest will also take place where aspiring fashion designers get to showcase their creations to the public for the first time.
In a store located in Winter Park, a Dress for Success drive will be taking place in anticipation of this grand event. Eileen Fisher store owner Karri Baumgardner said that she’s encouraging her customers to donate gently used business attire, bags and other accessories to held those who are in need.

A clothing inventory report from Travelodge revealed that British male workers are investing in professional clothing to make a good impression in the workplace. This has been determined based on the inventory conducted by the hotel chain’s employees that were consolidated in time for the release of this report.
It has been discovered that more than sixty percent of the 14,786 shirts left by men at Travelodge hotels were white. About eighty percent of the 1,005 business suits and forty percent of the 3,105 ties are black. More than fifty percent of nearly 70,000 socks left behind were also black. These data only confirms the assumption that these men usually wear professional clothing.
The conclusion was further strengthened by the results of a survey conducted by Travelodge to 5,000 British male workers. The results showed that seven out of ten British men prefer wearing professional clothing when they are in their workplace.

The ZIP Dry Cleaners in Temple Hills have come up with a program to provide free dry cleaning services to struggling job seekers. This is to aid them in coming up with decent and clean business casual attire whenever they are out searching for employment.
This served as a great news to the community since the global financial crisis has resulted to massive retrenchment with laid off employees struggling to find another jobs because of factors including age and lack of money.
Establishment owners Bart and Theresa Casiello reportedly started this program early last month and did not provide any date when this will end. As of now, they are more content in helping the community.
The Casiellos stated that their stores usually accept donations that consist of slightly used business casual attire and other professional clothes and they in turn dry-clean the clothes before forwarding it to Goodwill of Greater Washington, a non-profit organization.
What better way to help the victims of domestic violence than to assist them in regaining their independence.
In celebrating the National Domestic Violence Awareness Month, a non-profit group is asking for assistance to the public in helping the victims get back to their feet by finding them a job. However, in order to increase the chances of being hired, business clothes are needed.
Allstate Foundation is conducting a national donation drive in a bid to collect still usable women’s business clothes including appropriate undergarments such as bras and other professional attire. The drive ends later this week.
The volunteers believe that in order for the victim regain her independence, she should acquire a job of her own in order to sustain herself and her children, if she has any. This would break the usual perception that she will still be dependent on the earnings of her abusive partner.
In order to get that needed job, one has to look well during the initial interview in order to give that great first impression that could become the ticket to a lifelong career and a steady paycheck.
With the global financial crisis, a lot of women find themselves unemployed all of a sudden due to cost cutting measures made by their employers. Good thing there’s always hope. All they need is a help from a reliable friend – Dress for Success.
Dress for Success is a charity group focused on assisting women in purchasing professional business attire at reasonable prices.
In order to keep track on the progress of the project, the group has availed of the Radio Frequency Identification (RFID) which was developed by Motorola, Concept2 and Avery Dennison.
As of this date, thousands of women have received support from the organization in several chapters scattered all over the United States.