Li & Fung Limited - apparel and textile industry company news 
CHINA: Li & Fung appoints Spencer Fung as COO
14 May 2012
Sourcing giant Li & Fung has today (14 May) promoted LF Europe president Spencer Fung to group chief operating officer.
US: Avery Dennison joins Sustainable Apparel Coalition
10 May 2012
The group working to reduce the environmental and social impacts of apparel and footwear production around the world has added labelling and RFID supplier Avery Dennison as its first "solution provider" member.
Spotlight on... Collective Brands' search for steady footing
4 May 2012
Footwear firm Collective Brands has spent the last five years trying to find a stable footing following the company's formation following Payless ShoeSource's acquisition of Stride Rite in 2007. Here just-style charts some of the key themes and events in the company's tumultuous history.
HONG KONG: Trinity buys UK tailor Gieves & Hawkes
12 April 2012
Hong Kong based Trinity Ltd, part of global sourcing giant Li & Fung, has bought UK men's wear brand Gieves & Hawkes in a deal worth up to GBP92.5m (US$147.6m).
CHINA: Li & Fung wins US Polo Assn licence
11 April 2012
Global consumer goods and logistics giant Li & Fung has won a new multi-year licence to sell apparel and accessories under the US Polo Assn brand in China.
US: Vena Cava brand teams up with LF USA
10 April 2012
Women's fashion brand Vena Cava has signed a multi-year licensing and design agreement with LF USA, a subsidiary of Hong Kong based consumer goods sourcing giant Li & Fung.
GAFTI gets tough on audit fatigue
4 April 2012
With increasing numbers of apparel and footwear brands, retailers and manufacturers weighed down by so-called "audit fatigue" - an estimated $2bn is spent by the industry each year on audits - it is no wonder that steps are being taken to work towards a common platform that will enable firms to share data and reduce the number of audits carried out across the supply chain.
HONG KONG: Li & Fung delivers 24% hike in full-year earnings
22 March 2012
Li & Fung Limited, the world's largest supplier of apparel and consumer goods, today (22 March) booked a 24% hike in full-year profit thanks to the expansion of its sourcing network and growth in its Asia business.
US: Kohl's unveils American Idol collection
22 March 2012
US department store chain Kohl's has teamed up with the makers of American Idol to launch an exclusive clothing collection next month.
US: Keds launches capsule footwear line with Madewell
23 February 2012
Sneaker brand Keds has teamed up with retailer Madewell to launch a limited-edition capsule collection.
FRANCE : Fung Brands completes takeover of Sonia Rykiel
21 February 2012
Hong Kong based investment firm Fung Brands has finalised an agreement to take an 80% stake in French luxury fashion brand Sonia Rykiel founded by the designer around 40 years ago.
Top stories on just-style this week...
10 February 2012
The most-read stories on just-style this week included news that Nike has lent its support to a new waterless fabric dyeing process, the recommendation that international brands and retailers address the low wages of Cambodian garment workers, and reports that despite facing a tough year, China's textile and clothing industry is set for further growth.
US: LF USA eyes expansion at new Greensboro office
7 February 2012
LF USA, a subsidiary of Hong Kong based consumer goods sourcing giant Li & Fung Limited, has opened new offices in Greensboro, North Carolina and hinted that expansion is likely.
FRANCE: Fung Brands poised to acquire Sonia Rykiel
27 January 2012
Hong Kong based investment firm Fung Brands is in exclusive talks with French luxury fashion brand Sonia Rykiel to take an 80% stake in the company.
Top ten analysis articles on just-style in 2011...
23 December 2011
Among the most-read analysis articles on just-style in 2011 were stories relating to green fashion and sustainability, the impact of the earthquake and tsunami that devastated Japan, and sourcing opportunities in Central America and Ethiopia.
Top ten news stories on just-style in 2011...
23 December 2011
Instead of our regular look at the top stories on just-style during the week, we thought a fitting end to the year would be to take a look at the top stories on just-style in 2011. What made the grade? Not surprisingly, the list includes cotton's ups and downs, the new apparel eco-index scheme...and JC Penney's new logo.
HONG KONG: Li & Fung bids US$347m for Hang Ten
19 December 2011
Li & Fung has made a bid to acquire Hang Ten for around HK$2.7bn.
just-style management briefing: Manufacturing winners and losers in 2011
19 December 2011
Established skills and tradition were not enough to save some apparel makers from layoffs and factory closures in 2011. But acquisitions, an environmental focus and international expansion helped others to build on a solid recovery from the recession.
just-style management briefing: Retail winners and losers in 2011
19 December 2011
While some retailers continued to be vulnerable to cost-cutting, swingeing redundancies and store closures in 2011, others acted swiftly to respond to the changing economic circumstances, offering real value to their customers and embarking on ambitious international expansion.
THE FLANARANT: Local knowledge is key to retail success
25 October 2011
With western retailers increasingly optimistic about business in emerging markets, does it also hold true that the industry will soon "be sourcing everywhere and selling everywhere"? Not according to Mike Flanagan, who believes most developing markets will stay small for a long time, and that locally-owned retailers will be the long-term beneficiaries.
US: Liz Claiborne to change name amid $328m brand sale
12 October 2011
Struggling apparel firm Liz Claiborne Inc is to shed more brands, including its namesake line, for $328m as part of ongoing attempts to reduce its long-term debt, and will change its name as the business refocuses on three core brands.
Top stories on just-style this week...
30 September 2011
A forecast for apparel price rises over the next two decades, Reebok paying $25m in customer refunds over claims made for its toning footwear, and the loss of up to 500 jobs at dyes and chemicals maker Huntsman Textile Effects, were among the most-read stories on just-style this week.
WRC 2011: Li & Fung sees apparel price rises continuing
27 September 2011
The president of Li & Fung US believes apparel prices will continue to rise over the next 10-20 years, even though cotton costs are falling.
UK: Designer showcase heads to LA and Hong Kong
21 September 2011
The British Fashion Council (BFC) is taking its London Show Rooms initiative to Los Angeles and Hong Kong, in a bid to showcase some of the best of London's design talent in these new markets for the first time.
Top stories on just-style this week...
16 September 2011
Research that luxury fashion sales are being propelled by average consumers, brands boycotting Uzbek cotten harvested using forced child labour and ongoing talks around the Trans Pacific Partnership (TPP) trade pact were among the most read stories on just-style this week.
WORLD: Apparel firms join Uzbek cotton ban
12 September 2011
More than 60 of the world's best known apparel companies and brands, including Adidas, Burberry, C&A, Levi Strauss, Li & Fung, Liz Claiborne, PVH Corp and Wal-Mart Stores, have vowed not to source Uzbek cotton harvested using forced child labour.
In the money: Mexx sale a win-win for Liz Claiborne
8 September 2011
The deal revealed last week by Liz Claiborne Inc to sell its loss-making Mexx business to a joint venture led by private equity firm The Gores Group is a win-win for all concerned, the company believes. But analysts suggest more non-strategic brands could still be in the firing line.
Ten steps taken to turnaround Liz Claiborne
8 September 2011
Apparel seller Liz Claiborne Inc has spent the best part of the last four years trying to reduce its long-term debt and bring expenses in line with weak sales and consolidation of its department store customers. Measures have included the axing of thousands of global jobs, and the disposal of at least 14 brands - the most recent of which was its loss-making Mexx business. Here just-style charts its turnaround efforts so far.
HONG KONG: Li & Fung sees Christmas sales matching last year
2 September 2011
The chairman of Li & Fung has said Christmas sales may match last year's, according to reports, with retailers likely to see same-store growth.
Hong Kong: Li & Fung chairman launches think-tank
26 August 2011
The chairman of sourcing giant Li & Fung, Victor Fung, has set up a Hong Kong-based think-tank to provide Asian perspectives on global issues.
Related research
Li & Fung Limited - SWOT Analysis
Datamonitor's Li & Fung Limited - SWOT Analysis company profile is the essential source for top-level company data and information. Li & Fung Limited - SWOT Analysis examines the company’s key business structure and operations, history and products, and provides summary analysis of its key revenue lines and strategy.Li & Fung is the world's leading consumer goods supply chain management company, managing the supply chain for retailers and brands worldwide. It is engaged in trading of consumer goods like garments, toys and household products. The group also sources hard goods such as fashion accessories, gifts, handicrafts, home products, promotional merchandise, toys, sporting goods, footwear and travel goods. The group operates in the US, Canada, Europe, Australasia, Central and Latin America. It is headquartered in Kowloon, Hong Kong and employs 14,438 people. The group recorded revenues of HK$110,722.1 million ($14,220 million) during the financial year ended December 2008 (FY2008), an increase of 19.8% over 2007. The operating profit of the group was HK$3,044.4 million ($391 million) in FY2008, a decrease of 15.4% compared to 2007. The net profit was HK$2,421.9 million ($311 million) in FY2008, a decrease of 20.9% compared to 2007.
Li & Fung Limited (0494) - Financial and Strategic SWOT Analysis Review
This comprehensive SWOT profile of Li & Fung Limited provides you an in-depth strategic SWOT analysis of the company’s businesses and operations. The profile has been compiled by GlobalData to bring to you a clear and an unbiased view of the company’s key strengths and weaknesses and the potential opportunities and threats. The profile helps you formulate strategies that augment your business by enabling you to understand your partners, customers and competitors better.
Li & Fung Limited: SWOT Analysis & Company Profile
WMI’s Li & Fung Limited contains a company overview, key facts, locations and subsidiaries, news and events as well as a SWOT analysis of the company.
