Trands
Public | |
Traded as | SSE: 600233 |
Industry | Textiles - Apparel Clothing |
Founded | 1995 |
Headquarters | Dalian, People's Republic of China |
Key people | Guilian Li, Founder |
Number of employees | 6,224 |
Website | www.Trands.com |
Trands is a Chinese clothing brand under the clothing maker Dayang Group. Trands' market is currently domestic and they target the mid-to-high end menswear market in China. The brand was launched in 1995.
Trands USA is also a North America operated company that is owned by the Dayang Group and is based in Los Angeles. The company designs, produces, markets, distributes and wholesales men's custom made to measure suits, sport coats, shirts and overcoats under the Trands label as well as private label.
Trands is known for being worn by billionaires Warren Buffett, Bill Gates, Charlie Munger and the President of China Hu Jintao.
In a video released by the company on 29 August 2009, Buffett praised the brand, saying he had thrown away all his other suits (including suits from Ermenegildo Zegna) and only wears Trands. Buffett now has 9 Trands suits and a tuxedo. In the days following the Buffett video, Trands stock climbed over 200%.[1]