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Fung Group
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Li & Fung Says Retail Disruption Dragged Down Sales In 2015
Mar 21, 2016Li & Fung Limited, which designs, sources and distributes consumer goods for many of the world's leading consumer brands, reported sales 2.4 percent to $18.8 billion in 2015. “2015 was a challenging year," said Spencer Fung, Group ...
Tags: Li&Fung, Sales, Retail distribution
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Li & Fung Partnered with Hanghai Bailian Group and Beijing Wangfujing Department Store
Jun 25, 2015The Chinese subsidiary of Hong Kong based Li & Fung signed a strategic partnership with two of China’s largest retail groups, Shanghai Bailian Group and Beijing Wangfujing Department Store. A Li & Fung press release informed that ...
Tags: Li&Fung, children's wear
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Overall Sales at Li & Fung Rose Marginally by Just 1.4% in Ended December 31, 2014.
Mar 24, 2015Although logistics division sales expanded by a massive 66 per cent, overall sales at Li & Fung rose marginally by just 1.4 per cent for the period ended December 31, 2014. Li & Fung said total sales grew 1.4 per cent to US $19,288 ...
Tags: Li&Fung Sales, Global Brands, Apparel
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KOTRA Is Planning to Launch a Fashion Fund
Aug 12, 2014Korea Trade-Investment Promotion Agency (KOTRA), operated and funded by the Government of South Korea, is planning to launch a fashion fund to boost Korea-China apparel products, reports The Korea Times. Apparel with ‘Made in ...
Tags: KOTRA, Apparel, Accessories
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Kishore Biyani,Li & Fung planes to enter into jv for launching an import and wholesa
Mar 13, 2013Kishore Biyani, the founder of India-based Future Group, and Hong Kong-based trading firm Li & Fung are planning to enter into a 50:50 joint venture for launching an import and wholesale chain. Li & Fung currently holds a 26 percent ...
Tags: Kishore Biyani, Li&Fung, wholesale chain
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Sanrio Has Added a Brace of Partners in The Toy Category for Mr Men & Little Miss
Feb 20, 2013Sanrio has added a brace of partners in the toy category for Mr Men & Little Miss. UK agent Fluid World has signed up PBFA - which is part of the Li & Fung group) to produce a range of Mr Men and Little Miss early learning toys featuring ...
Tags: toy category, toy, Sanrio
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Fung Retailing Acquired a 70%Stake in The Suhyang Group
Jan 6, 2013Fung Retailing Limited,a wholly-owned subsidiary of the privately held Fung Group,announced that its joint venture with funds managed by private equity firm AEA Investors LP has acquired a 70%stake in the Suhyang Group,Korea's pre-eminent ...
Tags: Fung Retailing, Fung Group, Suhyang Group, Korea, Greater China
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Ed Is an Accomplished and Respected Finance Executive with Relevant Experience
Oct 9, 2012Hong Kong-based Li&Fung Limited,the multinational consumer goods sourcing,distribution,and logistics group,announced it has appointed Ed Lam,MBA,CPA,as Chief Financial Officer in line with expansion of the senior management team to ...
Tags: Li&Fung, consumer goods, Ed Lam, CFO