Li & Fung Limited

Apparel and textile industry company news

Subscribe via RSSWhat is RSS?

Latest Articles

FRANCE: Fung Brands poised to acquire Sonia Rykiel Stuart Todd | 27 Jan 12

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... Leonie Barrie | 23 Dec 11

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... Leonie Barrie | 23 Dec 11

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 Petah Marian | 19 Dec 11

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 Keith Nuthall | 19 Dec 11

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 Keith Nuthall | 19 Dec 11

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 Mike Flanagan | 25 Oct 11

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 Leonie Barrie | 12 Oct 11

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... Leonie Barrie | 30 Sep 11

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 Petah Marian | 27 Sep 11

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 Leonie Barrie | 21 Sep 11

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... Petah Marian | 16 Sep 11

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 Leonie Barrie | 12 Sep 11

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 Leonie Barrie | 8 Sep 11

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 Leonie Barrie | 8 Sep 11

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 Petah Marian | 2 Sep 11

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 Petah Marian | 26 Aug 11

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.


Top stories on just-style this week... Katie Smith | 19 Aug 11

Here is a roundup of the top five most-read articles on just-style this week. Click on each headline for the full story.


In the money: Li & Fung sees growth in Asia sales and sourcing Leonie Barrie | 17 Aug 11

China not only continues to be key to the sourcing plans of Li & Fung, but is also seen as one of the main drivers of future growth for the consumer goods giant as it continues to face an uncertain environment in the US and Europe.


Top stories on just-style this week... Katie Smith | 12 Aug 11

Here is a roundup of the top five most-read articles on just-style this week. Click on each headline for the full story.


US: Liz Claiborne offloads distribution to Li & Fung Leonie Barrie | 11 Aug 11

Apparel seller Liz Claiborne Inc is taking steps to cut its fixed distribution costs after signing a deal with sourcing giant Li & Fung Ltd to deliver goods to its stores and wholesale business.


HONG KONG: Investments cut Li & Fung H1 profit Richard Woodard | 11 Aug 11

Consumer goods and logistics giant Li & Fung saw its first-half profits cut by the cost of acquisitions and other investments, despite a 33% hike in group revenues.


just-style management briefing: The Sustainable Apparel Coalition's collective efforts Ben Cooper | 5 Aug 11

Over the past decade and more, industry associations and individual companies have launched numerous initiatives with the aim of addressing and reducing the environmental and social impacts of clothing manufacture. However, this year the clothing industry's collective effort witnessed what many hope will be a game-changing development with the formation of a new multi-stakeholder partnership.


Top stories on just-style this week... Katie Smith | 29 Jul 11

Here is a roundup of the top five most-read articles on just-style this week. Click on each headline for the full story.


HONG KONG: Li & Fung to cut 40 jobs on European ops Leonie Barrie | 28 Jul 11

Forty workers at the Hong Kong office of Li & Fung Ltd are to lose their jobs as the global sourcing giant realigns its business to meet the changing needs of European customers.


US: Iconix takes control of Zoo York as Q2 profit soars Leonie Barrie | 28 Jul 11

Iconix Brand Group Inc, which licenses fashion and footwear labels like Candie's, Bongo, London Fog and Joe Boxer, has booked a 69% jump in second quarter profit, and says it is taking full ownership of the Zoo York brand.


China's clothing makers juggle losing clients or profits Wang Fangqing | 28 Jun 11

Faced with soaring wages and an appreciating local currency, Chinese clothing makers are being forced to make a hard choice - keep clients or make profits. So far, the answer seems to be clients.


Top stories on just-style this week... just-style.com | 24 Jun 11

Here is a roundup of the top five most-read articles on just-style this week. Click on each headline for the full story.


HONG KONG: Li & Fung makes five fresh acquisitions just-style.com | 22 Jun 11

Global sourcing monolith Li & Fung has continued its relentless expansion, completing five new acquisitions in the past three months.


VIETNAM: TNG launches US$13.7m garment plant Ngo Tuan | 22 Jun 11

Vietnam’s leading garment manufacturer TNG Investment and Trading JSC (TNG) has inaugurated the first phase of its TNG Phu Binh garment plant.

1

2

3

4

6

8

9

10

just-style homepage



Forgot your password?