Li & Fung Expands Hosiery Capabilities with Acquisition of Orrsum
Hong Kong, July 18, 2025 – Li & Fung Limited, a global supply chain solutions provider, announced today its strategic acquisition of Orrsum, a well-regarded hosiery supplier. This move marks a significant step in Li & Fung’s ongoing commitment to enhancing its specialized expertise and broadening its service offerings within the apparel sector.
The acquisition of Orrsum, a company recognized for its quality manufacturing and deep understanding of the hosiery market, is expected to significantly bolster Li & Fung’s capabilities in this specific product category. Orrsum’s established relationships with suppliers, its proprietary manufacturing processes, and its skilled workforce are anticipated to be valuable assets to the Li & Fung network.
This strategic integration is designed to allow Li & Fung to offer an even more comprehensive suite of services to its global brand and retail partners. By incorporating Orrsum’s specialized knowledge, Li & Fung aims to provide enhanced design, product development, sourcing, and manufacturing solutions for a wide range of hosiery products, from everyday essentials to fashion-forward items.
Mr. Spencer Fung, Group CEO of Li & Fung, expressed his enthusiasm for the acquisition, stating, “We are delighted to welcome Orrsum into the Li & Fung family. This acquisition aligns perfectly with our strategy of investing in specialized capabilities that deliver greater value to our customers. Orrsum’s expertise in the hosiery sector is second to none, and we believe their integration will significantly strengthen our position in this important market segment.”
He further elaborated on the benefits, “By combining Orrsum’s deep understanding of hosiery with our extensive global network and supply chain management expertise, we will be able to offer unparalleled end-to-end solutions to our clients, from initial concept to final delivery. This will allow our partners to further optimize their product assortments and bring innovative hosiery products to market with greater efficiency and speed.”
The leadership team at Orrsum has expressed their optimism about the future. “Joining forces with Li & Fung presents an incredible opportunity for us to leverage their global reach and resources,” said the spokesperson for Orrsum. “We are confident that this partnership will enable us to further innovate and grow within the hosiery industry, while continuing to deliver the high standards of quality and service that our clients have come to expect.”
This acquisition underscores Li & Fung’s dedication to continuous growth and its proactive approach to adapting to evolving market demands. The company remains focused on strengthening its core competencies and expanding into new areas of expertise to better serve the dynamic needs of the global fashion and apparel industries. The integration of Orrsum is expected to be completed in the coming months, with Li & Fung committed to a seamless transition for both employees and partners.
Li & Fung acquires hosiery supplier Orrsum to grow expertise
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