Li & Fung hires industry vet, finalizes Cannon deal

NEW YORK – Li & Fung USA, a subsidiary of Hong Kong-based global sourcing group Li & Fung Ltd., has hired John "Jack" Toolan as senior vice president and general manager of the Cannon and Cannon Royal Family global licenses.

Toolan's career encompasses various senior executive positions at Westpoint Stevens, where he at one time handled theRalphLaurenHomelicense. More recently, he was the president of Russ Berrie & Co.'s North American division.At Li & Fung, Toolan will build the team that will be responsible for design, product development, sourcing, distribution and merchandising of the product categories included in the Cannon license.Also today, Li & Fung and Official Pillowtex LLC said they have finalized a global licensing agreement for the Cannon and Cannon Royal Family Brands.Li & Fung also holds the global license with Pillowtex LLC for Royal Velvet.Li & Fung will be responsible for the product development, design, sourcing for mid-tier distribution under the Cannon Royal Family nameplate and distribution to mass and grocery channels under the Cannon nameplate, stated the companies. Beginning fall 2005, both brands will offer bedding, bath, kitchen, and tabletop goods.

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

  • Live From New York: Fashion Comes Across the Pond

    Camera Icon More Videos

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


HTT Cover October 2017

See the October 2017 issue of Home & Textiles Today. In this issue, we look at the Top 25 Online Retailers.  H&TT's exclusive annual ranking of the biggest online sellers of home textiles finds that while pure play etailers continue to fly, bricks & clicks are digging into omnichannel. See details!