- Waitex was established in 1981 in New York by Mr. Howard H. Li, sole-owner, Chairman and CEO. From the start, Howard Li's goal was "to create an organization where trust, respect and commitment to the client flowed from top to bottom." The fundamental success of the Waitex Group of Companies lies in this shared vision as well as the dedication and efforts by management and its employees to its clients.
Waitex Group of Companies is now a worldwide conglomerate of companies consisting of Waitex Supply Chain Solutions, Waitex Apparel Group and Waitex Global Investments, operating with over 1000 employees in the US and several thousand employees worldwide. Having maintained an annual growth rate of 10 to 30 percent for over two decades, Waitex’s annual revenue in United States has reached US$ 110 million and the total assets in the US are worth several hundred million. The Waitex Group of Companies has been ranked one of the top 200 largest privately held companies in the greater New York area by Crain’s Business Magazine from the years 2001 through 2008. Mr. Howard H. Li was selected by Forbes Asia in September of 2008 as one of 25 Notable Chinese Americans in US business.
Waitex Supply Chain Solutions
Waitex Supply Chain Solutions offer the industry’s most comprehensive and sophisticated third-party logistics (3PL) Services. Waitex has 10 modern distribution facilities with over 3 million square feet of space on both the east coast and the west coast of The United States. Waitex’s IT team is strong in supply chain management system development and experienced in EDI back-office services. Waitex processes $5 billion worth of consumer products for hundreds of companies annually.
Waitex Apparel Group markets its own branded apparel for women and men, provides sourcing for importers, and also develops private label programs for many of America’s largest retail groups. The Apparel Group's women's division, under its own brands FOCUS 2000, FOCUS LIFESTYLE，Margaret Frances, Third Floor, Kate Howard, and C.G. Design, specializes in women's career clothing as well as casual separates and dress pants. Meanwhile, its men's division under Profile, wholesales men's casual and active-oriented sportswear in sizes ranging from boys to Big & Tall. The Apparel Group has forged licensing partnerships with some of the world's largest brand-name apparel marketers such as Russell Athletic, NBA, NCAA, MLB, NHL, NFL and Spalding (special sizes categories).
Waitex Global Developments
Waitex Global Developments represent Waitex's continuing desire to expand internationally. In order to perfect Waitex’s existing global supply chain network, Waitex has invested in a major Chinese logistic distribution company. In addition, Waitex operates retail stores in China as well as other investment projects including property development in the United States, development of high end shopping malls, and various office/residential real estate projects in China etc.
Waitex is currently partnering with an Italian conglomerate to develop a high-end luxury outlet mall between Beijing and Tianjin, as well as other major cities.
- Storage services, Warehouse, Courier service, Package delivery