Newtimes Development LTD.

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Newtimes Development LTD. - overview

Established

1960

Location

Hong Kong, -, Hong Kong SAR - China

Primary Industry

Outsourcing

About

Newtimes Development LTD. provides specialized supply chain services for the apparel industry, focusing on fabric sourcing, production, quality control, and logistics support across a global network. Founded in 1960, Newtimes Development LTD. operates primarily in Hong Kong, with global offices serving the apparel sector.


The company has adapted its business strategy to cater to evolving market demands. Currently led by CEO Paul Walsh, Newtimes has established itself as a trusted partner for apparel brands and retailers worldwide. Newtimes Group specializes in comprehensive supply chain services tailored for the apparel industry. Their core offerings include fabric sourcing, design, production, quality control, and logistics support, efficiently managing the entire lifecycle of apparel development.


With over 600 vendors across 17 countries, including key markets in Europe, the Middle East, China, and Southeast Asia, Newtimes utilizes in-country technical teams and advanced technology to provide a transparent quality system, serving various clothing brands and retailers seeking reliable sourcing and production solutions. Newtimes Group generates revenue through a multifaceted transactional structure focused on B2B relationships with apparel brands and retailers. The company engages in direct partnerships for sourcing and production of garments, facilitating tailored solutions that meet specific client needs. Revenue is derived from structured agreements where clients pay for services such as design and logistics on a project basis or through ongoing partnerships, reflecting the value delivered through Newtimes' commitment to enhancing speed to market and ensuring product quality.


Primary Industry

Outsourcing

Sub Industries

BPO Services, Footwear, Clothing, Accessories

Website

www.newtimesgroup.com

Verticals

Manufacturing

Total Amount Raised

Subscriber access only

Newtimes Development LTD. - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Trade SaleCompletedThe Coldwater Direct LLC.-

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