Platinum Is Said to Mull Sale of Hong Kong Lingerie, Swimwear Firm Hop Lun

Platinum Equity, the private equity firm, is reportedly considering selling its Hong Kong-based lingerie and swimwear company, Hop Lun. This potential divestiture comes after Platinum acquired Hop Lun in 2016, and the move could reflect a strategic portfolio re-evaluation or an opportune time to capitalize on the recent growth in the intimate apparel market.