Hop Lun For Sale?

Images from businesses acquired by Hop Lun: P.H. Garment lingerie and swim items from 2024 (left); and from the company’s Dorina lookbook, shortly after it acquired the brand in 2015.

According to multiple new reports today, Platinum Equity has been exploring the sale Hop Lun, the lingerie and swim producer, a majority stake of which it acquired in 2022. 

Hop Lun was founded in 1992 by Erik Ryd, who, at the time of that sale, was indicated to retain “a significant stake in Hop Lun” and was to “continue to help lead the business going forward,” as CEO. No potential buyers were identified in the latest reporting, and no further information has yet been provided by Ryd or Platinum.

The focus at Hop Lun has continued to be the private label production of underwear and swimwear, but as of 2022 the company also retained several underwear brands including 6ixty 8ight, Scandale, Marie Meili and Dorina. The latter label was launched by Triumph in 1968 and acquired by Hop Lun in 2015. Since 1922 Hop Lun has also acquired several other private label makers. 

In December of 2023, Hop Lun announced the acquisition of Rainbow West Apparel, a Los Angeles-based apparel and swimwear private label designer and manufacturer. In 2024, Hop Lun acquired Hong Kong based P.H. Garment, which described itself as a producer of “private label women bras, underwear, swimsuits, sports bras, shapewear and corsets for world renown fashion brands,” with three manufacturing facilities in Bangladesh and China. And in the fall of 2025 it was announced that Hop Lun had acquired Tobago, a Morocco-based underwear and swimwear maker, as well as

Chantelle Group’s Morocco production facilities, Famaco and Atma.

Further emphasizing its affection for private label manufacturing versus brand ownership, earlier this month Hop Lun announced it had sold the Scandale brand, which it had acquired in 2006, to Maison Close.