HONG KONG: Li & Fung sets 3-year goals as FY profit soars 27%
By just-style.com | 24 March 2011
Hong Kong-based sourcing giant Li & Fung Limited today (24 March) booked a 27% hike in full-year profit and said it is aiming to reach a core operating profit of US$1.5bn by 2013 under its new three-year plan.
Join now for increased access
There are various access options to choose from. All provide instant access to the latest news, insight and expert analysis.
If you're already a member, login here.
More articles related to this one
UK: Designer showcase heads to LA and Hong Kong
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...
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
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.