Li & Fung Restructures

Li & Fung USA has re-aligned its operation into a Home Brands Group and an Apparel Brands Group.

Industry veteran Jack Toolan has been promoted to executive vice president of the home group, overseeing licenses for Royal Velvet, Cannon and Cannon Royal Family brands. He was previously senior vice president and general manager for Cannon brands.

In additional, Scott Maddalene has been promoted to senior vice president for the Cannon and Cannon Royal Family brands. He had previously been vice president of global brand development for Cannon Brands. His career includes turns at WestPoint Stevens as vice president of bed merchandising and managing director for WestPoint Stevens Europe.

Lou Casali, senior vice president for the Royal Velvet brand, now reports to Toolan.

In addition, Ron Ventricelli has been promoted to executive vice president of operations. He will oversee financial, customer services and all operating issues related to the Global Brand Business Group. Ventricelli, Toolan and the new executive vice president of the Apparel Brands Group, Robert Crocco, all report to Rick Darling, president of Li & Fung USA.

“By creating this new management structure, we are in a better position to pursue our goal of adding great consumer brands,” said Darling. “Additionally, with Ron's experience in finance and operations, we will be able to execute and operate a more efficient back-end process.”

Home & Textiles Today Staff | News & Commentary

 Home Textiles Today is the market-leading brand covering the home and textiles markets, offering a comprehensive package of print and online products. Home & Textiles Today provides industry news, product trends and introductions, exclusive industry research, consumer data, store operations solutions, trade show news and much more.

Featured Video

Subscribe to
Home & Textiles Today eDaily
Receive the news you need to know about the trends in the industry delivered right to your inbox.

CURRENT ISSUE

HTT digital edition

See the June 2017 issue of Home & Textiles Today. In this issue, we discuss how U.S, ports are gearing up for the future, and what to expect from second half trade shows. See details!