Li & Fung Limited

Apparel and textile industry company news

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JAPAN: Kanematsu to sell 55% textile share to Li & Fung | 6 Mar 07

Kanematsu Corp has reached an agreement to sell a 55% stake in wholly-owned subsidiary Kanematsu Textile Corporation to the investment arm of Hong Kong-based trading group Li & Fung.

HONG KONG: Li & Fung to buy Hilfiger sourcing operations | 12 Feb 07

A wholly-owned subsidiary of global sourcing giant Li & Fung is to buy the sourcing operations of the Tommy Hilfiger designer apparel firm for US$247.8m in a move that enhances its global diversification strategy.

US: Rousso Apparel, Li & Fung buy GarfieldMarks | 2 Jan 07

A partnership consisting of Rousso Apparel Group and Li & Fung has bought the assets of GarfieldMarks LLC, which owns the GarfieldMarks and Womyn fashion brands.

HONG KONG: Li & Fung to sign sourcing deal with Myer? | 28 Nov 06

Hong Kong-based exporter Li & Fung is looking to seal a sourcing agreement with Myer, the Australian department store firm, according to a source cited by Dow Jones.

GERMANY: KarstadtQuelle sells sourcing business to Li & Fung | 2 Oct 06

Retail group KarstadtQuelle has sold its entire global sourcing business to Li & Fung for an undisclosed price.

HONG KONG: Li & Fung H1 profit up 24% | 11 Aug 06

Consumer products trading company Li & Fung has reported a 24% jump in first-half profit, thanks to good organic growth and contributions from wholesale acquisitions.

HONG KONG: Li & Fung to acquire Rosetti Handbags for US$162m | 10 Jul 06

Consumer products exporter Li & Fung is to buy Rosetti Handbags and Accessories for about US$162m.

US: Oxford Industries sells women’s wear unit to Li & Fung | 6 Jun 06

Oxford Industries Inc has completed the sale of its women’s wear group to a division of Hong Kong-based Li & Fung Group for US$37.3m.








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