Li & Fung Limited

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Liz Claiborne working to minimise price rises Leonie Barrie | 9 Nov 10

Apparel maker Liz Claiborne Inc is working to offset the impact of rising costs and is confident that changes being made on the sourcing front mean the company won't be faced with steep increases in its prices.


THE FLANARANT: Strategies to cope with the end of cheap clothes Mike Flanagan | 8 Nov 10

Instead of bemoaning the end of cheap clothing, Mike Flanagan is challenging retailers and buyers to drive prices down again through creative new practices. They must work harder to offer their customers better value, he says, and put pressure on different parts of the supply chain to manage the factors that influence prices.


Top stories on just-style this week... just-style.com | 5 Nov 10

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


HONG KONG: Li & Fung signs Li Ning sourcing deal just-style.com | 4 Nov 10

Consumer goods exporter Li & Fung has signed a deal to become a sourcing agent for Chinese sporting goods business Li Ning Company in domestic and international markets.


US: Industry players join RFID push into apparel just-style.com | 2 Nov 10

Leading retailers, brands and suppliers - including The Jones Group, Macy's, Walmart, VF Corporation and Li & Fung - have joined an industry-wide push to drive the uptake of radio frequency identification (RFID) technology across the apparel supply chain.


JAPAN: Li & Fung unit buys stake in Hello Kitty owner just-style.com | 18 Oct 10

Fung Investment Pte Ltd, a private equity firm headed by the bosses of global sourcing giant Li & Fung, has bought a 1.03% stake in Japan's Sanrio Co, owner of the Hello Kitty brand.


Apparel firms "digging in" despite rising China costs Leonie Barrie | 7 Oct 10

Two of the apparel industry's leading suppliers say they intend to increase their sourcing from China in the coming year, despite seeing an end to the days when the country could be counted on for its low labour costs. They also warn that fashion retailers and brands should prepare themselves for rising prices in the foreseeable future.


INDIA: Worker crackdown hits garment production just-style.com | 27 Sep 10

A police crackdown on migrant labourers in the Delhi National Capital Region (NCR) has hit garment production, according to apparel exporters, who say around 100,000 workers have been forced to leave the area.


US: Sears and Next in online partnership just-style.com | 23 Sep 10

Retailer Sears is partnering with UK fashion chain Next to offer an exclusive online range of clothing, footwear and accessories to US consumers.


Sears "thrilled" with French Connection tie-up Joe Ayling | 15 Sep 10

US broadline retailer Sears has announced its collaboration with UK fashion brand French Connection as "a major step forward", with a major advertising push now planned.


US: French Connection signs Li & Fung license deal just-style.com | 15 Sep 10

Fashion retailer French Connection has signed an agreement with the US subsidiary of Li & Fung to sell a range of young fashion items in Sears stores.


UK: French Connection “back on track” with H1 profit just-style.com | 15 Sep 10

Fashion retailer French Connection Group is “back on track” after moving back into profitability in its first half, buoyed by a 4% rise in turnover.


HONG KONG: Li & Fung shareholders approve IDS acquisition just-style.com | 13 Sep 10

Hong Kong-based sourcing giant Li & Fung said its shareholders have given strong support for the company’s proposed acquisition of Integrated Distribution Services Group Limited (IDS) by way of privatisation.


US: Li & Fung faces Russell Simmons lawsuit just-style.com | 10 Sep 10

Russell Simmons has said that his companies have filed a lawsuit in the Supreme Court of the State of New York against The Millwork Trading Co, a subsidary of Li & Fung.


HONG KONG: Trinity profits from soaring luxury demand just-style.com | 26 Aug 10

Trinity Limited, Li & Fung Group's luxury men's wear unit, has announced a significant rebound in the Greater China retail market for the six-month period ended 30 June 2010.


Top stories on just-style this week... just-style.com | 13 Aug 10

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


HONG KONG: Li & Fung to buy logistics firm just-style.com | 13 Aug 10

Hong Kong-based sourcing giant Li & Fung has announced plans to purchase logistics firm Integrated Distribution Services (IDS) in a bid to bolster its domestic distribution network.


US: Li & Fung acquires shoemaker Jimlar just-style.com | 12 Aug 10

Consumer goods sourcing giant Li & Fung has acquired US shoemaker Jimlar for an undisclosed sum, the Hong Kong company has announced.


HONG KONG: Recovery boosts Li & Fung H1 profit just-style.com | 12 Aug 10

Consumer goods supplier Li & Fung said the “nascent economic recovery” in the US had enabled it to post a 55% hike in first half net profits and a 12% increase in revenues.


HONG KONG: Li & Fung to take IDS private just-style.com | 10 Aug 10

Shares in supplier Li & Fung were suspended today (10 August) as the company announced its proposal to take its Integrated Distribution Services (IDS) business private.


HONG KONG: Li & Fung silent on Jimlar rumour Joe Ayling | 16 Jul 10

Chinese sourcing giant Li & Fung has refused to be drawn on media reports it is holding talks to acquire footwear firm Jimlar Corp.


HONG KONG: Li & Fung signs raft of new deals just-style.com | 9 Jul 10

Consumer goods export giant Li & Fung has strengthened its trading position further with the signing of seven new deals over the past few months.


Top stories on just-style this week... Joe Ayling | 9 Jul 10

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


ANALYSIS: China alternatives offer sourcing insurance Joe Ayling | 17 Jun 10

Retailers are reportedly moving to explore alternative sourcing markets to China amid rising costs, but an industry sea-change is much further afield.


HONG KONG: Li & Fung to raise funds through bond sale just-style.com | 6 May 10

Hong Kong sourcing expert Li & Fung is to offer a proposed issue of notes to professional and institutional investors


SOURCING: US clothing import prices hit a 20-year low just-style.com | 26 Apr 10

The average price of US clothing imports has fallen to its lowest level in over 20 years, according to the business information company Textiles Intelligence.


ANALYSIS: Emerging exporters eye China market share Joe Ayling | 16 Apr 10

The export markets of China, Vietnam, Bangladesh and Indonesia will be leading global apparel and textiles hot-spots for the next five years, according to sourcing experts in Asia.


Top stories on just-style this week... just-style.com | 26 Mar 10

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


HONG KONG: Li & Fung FY profit up despite “challenges” just-style.com | 24 Mar 10

Consumer goods sourcing giant Li & Fung is targeting a bigger slice of the market in 2010 after posting a 39% increase in full-year profit.


HONG KONG: Li & Fung acquires Visage Group just-style.com | 26 Feb 10

Hong Kong sourcing expert Li & Fung has acquired UK private-label apparel supplier Visage Group for up to GBP173m (US$264m) as it looks to establish a European foothold.

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