Trade veteran Stephen Budd has a brand new gig: chief govt officer of North America for Sunwin World Trade Inc., a house and attire producer.
Budd has greater than three a long time of expertise in retail and wholesale and served most lately as chief business officer of Beximco Textiles. Earlier than that, he was president of Dawn Manufacturers, Future Supply, a division of JCPenney, G-III Attire, Elie Tahari and BCBG Max Azria Group. He started his profession with Robinsons Division Retailer in Los Angeles.
Shadow Wang, chairman of Sunwin, one of many prime 100 exporters in house merchandise, cited Budd’s “customer-centric imaginative and prescient and purpose-led management method,” which he stated “align completely with the Sunwin tradition.” He added that as Sunwin works to develop its enterprise by providing a broad and differentiated number of house merchandise and attire in a variety of worth factors, Budd can be charged with increasing its presence within the North American market.
Budd stated he sees “a protracted runway for development” at Sunwin. He stated the corporate has gross sales of round $400 million now and the purpose is to succeed in $1 billion over the following few years.
He singled out what he sees as the corporate’s three core strengths: know-how, innovation and vogue design, and pointed to the corporate’s world organizational construction as key to its potential to supply a variety of product at compelling costs.
“I look ahead to working with Shadow and the Sunwin World workforce to construct on the corporate’s spectacular basis and unlock its super potential within the house and attire trade,” he stated.
Sunwin relies in New York and likewise has design groups in Shanghai and London. It manufactures merchandise in 22 classes starting from bedding and blankets to loungewear, activewear, hats and gloves. It additionally has pet and children’ divisions. Within the U.S., it really works with Nordstrom, Macy’s, Dillard’s, Goal, Bloomingdale’s, Vera Bradley and different retailers.
