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Li Fung
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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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Li & Fung Limited Is Considering Investment in The Proposed Textile City
Aug 13, 2014Li & Fung Limited, the world’s leading multinational consumer goods sourcing, logistics, and distribution group, is considering investment in the proposed Textile City which is to come up at the Export Processing Zone complex in Athi ...
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International Fairs Help Turkish Textile and Clothing Enterprises Expand Their Clientele
Mar 28, 2014Participating in domestic and international fairs help Turkish textile and clothing enterprises expand their clientele and explore newer markets, said Uludag Textile Exporters Association (UTIB) chairman Ibrahim Burkay during the ...
Tags: Turkish Textile, clothing
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Product-Wise Sections at Texworld Were Much Appreciated by Visitors
Sep 21, 2013The 33rd Texworld exhibition and the 5th Apparelsourcing Paris close their doors, having celebrated a resounding success. The two exhibitions counted 840 and 198 exhibitors respectively. The new hall 4 and reorganisation of the sectors ...
Tags: Apparel
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Billy Joe Griggs Has Sued Multinational Giant Li & Fung in U.S. District Court
Apr 7, 2013Furniture retailer and inventor Billy Joe Griggs has sued multinational giant Li & Fung in U.S. District Court here, claiming the company is illegally producing sofas in China that incorporate his proprietary ready-to-assemble technology. ...
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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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Li & Fung Wants to Clarify That Orders Value Placed with Tazreen Fashions in Bangladesh
Nov 27, 2012In response to queries received from analysts, Li & Fung Limited wishes to clarify that the value of orders placed with Tazreen Fashions Limited in Bangladesh where a tragic fire has occurred will not have any material impact on the ...
Tags: Li&Fung, financial performance, tragic fire, Bangladesh
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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
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Li&Fung Limited Dated 28 January 2010 in Relation to The Sourcing Arrangements
Sep 21, 2012Reference is made to the announcement of Li&Fung Limited dated 28 January 2010 in relation to the sourcing arrangements with the Wal-Mart Group.Capitalized terms used herein shall have the same meanings as those defined in the Previous ...
Tags: Li&Fung, Wal-Mart Group, sourcing arrangements, agency agreements