BusinessFashion

WSG Acquires Sanctuary as Li & Fung Anchors Its Women’s Ready-to-Wear Business

Sanctuary retains founders Ken and Debra Polanco, maintaining its distinct identity amidst WSG's international market strategies.

WSG Acquires Sanctuary as Li & Fung Anchors Its Women’s Ready-to-Wear Business
BusinessFashion

WSG Acquires Sanctuary as Li & Fung Anchors Its Women’s Ready-to-Wear Business

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WSG Brands has acquired Sanctuary, pairing a new owner with a licensing-led expansion plan for the Los Angeles womenswear label. In its October 23 announcement, WSG said Li & Fung will become the anchor licensee for Sanctuary’s existing women’s ready-to-wear business. Financial terms were not disclosed.

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