Li & Fung Limited

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Li & Fung takes shot at the moon on digitalisation

Digitalisation offers a solution to some of the challenges facing the global apparel industry – but as Spencer Fung, group CEO of Li & Fung...

How Li & Fung is ramping up in the race for speed

Li & Fung group president Marc Compagnon has shed more light on the sourcing giant's progress to reorientate its business model to "signific...

Leonie Barrie | 12 Dec 2017

Changing mindsets and challenging the status quo are key to building fast and smart supply chains, according to Paul Fowler, chief information officer at Hong Kong-based global sourcing specialist Li & Fung.

Leonie Barrie | 29 Mar 2017

Global sourcing specialist Li & Fung has blamed a tough retail environment for almost halving its full year profit, and says it is reorganising its businesses into two major divisions as it refocuses on speed, innovation and digitalisation for its next three-year plan.

Katie Smith | 13 Oct 2015

When it comes to developing or adapting an apparel brand or retailer's production strategy, there are six key factors to consider, according to one industry expert. While flexibility, communication and the right partnerships each have a role to play, it's also important to combine quality, speed and compliance.

Jens Kastner | 10 Jul 2015

Late last month, Hong Kong-based sourcing giant Li & Fung formed a joint venture with Chinese retailers Bailian Group and Wangfujing Department Store to develop their own private label clothing brands and tap into its global supply chain. But China-based analysts believe there are considerable challenges to overcome.

Latest Interviews

Leonie Barrie | 6 Sep 2012

The theme of change resonates loudly with Harry van Dalfsen, who took on the role of president of the International Apparel Federation (IAF) two years ago at the height of the global economic crisis. Not surprisingly, ‘Fashion business in a changing environment’ is also the focus of the upcoming IAF World Apparel Convention, which takes place later this month.

Petah Marian | 18 Jul 2012

Following the acquisition of UK tailoring brand Gieves & Hawkes in April this year, Hong Kong-based Trinity today (18 July) outlined its aspirations for the British heritage brand.

Latest News

Beth Wright | 11 May 2018

Top stories this week on just-style include a look at Li & Fung's plans to create its first fully-digital T-shirt supply chain, the seven key trends changing the face of online retail, apparel imports into the US, and Levi Strauss continuing to fund supply chain innovations.

Beth Wright | 6 Apr 2018

Top stories this week on just-style include relief at the decision by the Trump administration to exclude apparel and footwear from proposed new tariffs on products imported from China, plans by the US to suspend the duty-free treatment for all AGOA-eligible apparel products from Rwanda, and MAS Holdings setting new goals to help drive sustainable manufacturing in Sri Lanka.

Beth Wright | 3 Apr 2018

Global sourcing specialist Li & Fung has completed the divestment of three of its vertical product businesses in a US$1.1bn deal that will allow the business to focus on its core competencies.

Michelle Russell | 27 Mar 2018

Kering, Hennes & Mauritz (H&M) and Li & Fung are amongst a group of industry heavyweights backing new guidance to help fashion CEOs decide where to focus their sustainability efforts in 2018.

Michelle Russell | 22 Mar 2018

Improved efficiency and productivity led Li & Fung to a 21.8% increase in operating profit in the services segment of its core supply chain solutions business in 2017 as it revealed a strong start to its current three-year plan.

Michelle Russell | 20 Feb 2018

Global sourcing specialist Li & Fung has appointed Valerie Lavion as head of its childrenswear platform and department stores in North America in a move aimed at building stronger relationships with its suppliers and accelerating efforts to drive speed and innovation.

Beth Wright | 15 Dec 2017

Global sourcing specialist Li & Fung is to divest three of its vertical product businesses in a US$1.1bn deal that will allow the business to focus on its core competencies.

Michelle Russell | 24 Aug 2017

Hong Kong-based global sourcing specialist Li & Fung has reported a positive first-half as the company's new supply chain model, launched earlier this year under it latest three-year plan, starts to gain traction.

Michelle Russell | 3 Apr 2017

The death of the department store, the exaggerated rise of Amazon as an apparel retailer power, and the threat of European fast-fashion specialists to US retail are among a number of misconceptions currently bedevilling the retail  industry, a new report explains.

Leonie Barrie | 24 Mar 2017

Hong Kong-based global sourcing specialist Li & Fung has inked a new deal to create the "supply chain of the future" for PVH Corp, owner of the Tommy Hilfiger and Calvin Klein brands.

Michelle Russell | 20 Feb 2017

German sportswear giant Adidas and UK fashion brand Burberry have both been recognised as leaders for their sustainability practices, with Hugo Boss, Kering and Gildan Activewear also receiving recognition.

Michelle Russell | 14 Feb 2017

Li & Fung is to be dropped from Hong Kong's Hang Seng Index from next month as the sourcing giant battles falling earnings and sales.

Michelle Russell | 25 Aug 2016

Speed, innovation and digitalisation of the supply chain are at the heart of a new strategy to be set out by global sourcing giant Li & Fung, which this-morning (25 August) revealed lower sales and earnings in its first-half. 

Beth Wright | 22 Aug 2016

As part of its commitment to responsible sourcing, global sourcing giant Li & Fung has joined the Foreign Trade Association (FTA), becoming a participant of its Business Social Compliance Initiative (BSCI), which aims to help improve working conditions in factories globally.

Michelle Russell | 3 May 2016

Global sourcing giant Li & Fung Limited has sold its Asia consumer and healthcare distribution business in a deal that will allow it to tighten its focus on its core trading and logistics operations.

Katie Smith | 17 Mar 2016

Sourcing giant Li & Fung has warned of tough times still to come, after seeing its net profit fall in what it described as a "challenging" year.

Michelle Russell | 20 Aug 2015

Li & Fung has revealed first-half results reflecting the ongoing weak macroeconomic conditions in its key markets, reporting lower first-half sales in the US and Europe.

Katie Smith | 26 Jun 2015

The most-read stories on just-style this week include a look at the potential for new technologies to shape a sustainable fashion future, Li & Fung teaming up with two Chinese retailers to develop their own private label clothing brands, and Gap and H&M showing support for new labour law reforms in Myanmar.

Katie Smith | 23 Jun 2015

Sourcing giant Li & Fung has formed a joint venture with Chinese retailers Bailian Group and Wangfujing Department Store to develop their own private label clothing brands and tap into its global supply chain.

Michelle Russell | 8 May 2015

The World Federation of the Sporting Goods Industry (WFSGI) has appointed Li & Fung executive Helen Ford as senior executive director of its Asia division.

Michelle Russell | 26 Mar 2015

Global Brands has booked what it says is a “strong” set of results in its second-half, driven by growth in turnover, and despite a challenging market environment.

Richard Woodard | 19 Mar 2015

Consumer goods colossus Li & Fung has seen full-year profits decline following a year “of transition and investment” for the Hong Kong-listed business.

Latest blogs

Leonie Barrie | 6 Oct 2014

Not content with dominating the global exporting landscape, China is now switching its focus to growth in domestic consumption. And according to Li & Fung chairman William Fung, this is likely to lead to "a rather bumpy ride" for the apparel industry.

Michelle Russell | 28 Sep 2014

The annual World Retail Congress has returned to Paris this week for three days where the great and the good of the retail industry have converged to discuss the industry climate as we move out of a tough economic climate. New technologies, the rise of omni-channel, innovation and the supply chain of the future will all be discussed.

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