Latest Insights

What does the future hold for Hong Kong? 29 Nov 2019

For the past 40 years Hong Kong has been the centre of the global garment industry. Yet today, Hong Kong is in a state of chaos as protesters wage a battle for its future. Here, David Birnbaum shares his thoughts on what's happening and why.

Digitisation is key to upgrading Asia's fashion factories. Just do it responsibly, says Fung Group's director of sustainability 14 Nov 2018

Digital technologies, robotics and artificial intelligence are starting to bring more speed, efficiency and transparency to apparel supply chains – but less well documented is their potential impact on job losses and social unrest, especially in Asia. It’s a balancing act that Pamela Mar weighs up in her roles as director of sustainability at the Fung Group and EVP of Supply Chain Futures for the Fung Academy, as she tells just-style.

How to move further and faster on closed loop clothing 1 Oct 2018

There’s a lot of talk about the potential benefits of developing a closed loop or circular economy as a long-term solution to the environmental impacts of the clothing industry and its supply chain – yet delivering real change is so far proving to be slow. An expert panel at the recent Innovation and Technology Symposium at the Fashion Summit (Hong Kong) 2018 discussed some of the challenges of closing the loop in the fashion industry, and potential solutions for moving from hype to action.

Why fashion must act now to secure a sustainable future 28 Sep 2018

The global fashion industry is on a trajectory set to stretch planetary resources beyond breaking point unless it finds better ways of producing, using and disposing apparel, according to the stark message for delegates at the recent Fashion Summit (Hong Kong) 2018.

How TAL Apparel is rebalancing for growth – CEO Interview 22 Aug 2018

By his own admission, Roger Lee, CEO at Hong Kong based apparel giant TAL Group, is an optimist. And it's a trait that has stood him – and the 70-year-old company he leads – in good stead in recent years as he focuses and rebalances the business for future growth.

Latest News

Cobalt Fashion knitwear start-up targets low MOQs 4 Nov 2019

22 Factor, a knitwear lifestyle start-up powered by Fung Group-owned Cobalt Fashion, has unveiled an on-demand 3D knitting service targetting designers and brands that want to produce garments in smaller quantities and minimise excessive production.

Li & Fung strengthens capital structure for future growth 8 Oct 2019

Sourcing giant Li & Fung Limited has completed a simultaneous bond tender offer and new bond offering in a move aimed at solidifying its capital structure, allowing it to accelerate its transformation.

Some of the challenges in reaching fashion's climate goals 12 Sep 2019

While leading global fashion players are making progress towards embracing sustainable fashion, a "significant" amount of work still needs to be done to adopt the various measures already in place that can enable the sector to become genuinely sustainable – particularly with regard to climate change.

Garment-to-garment recycling line wins innovation award 12 Sep 2019

The garment-to-garment mini production line developed by the Hong Kong Research Institute of Textiles and Apparel (HKRITA), which recycles post-consumer garments into clean, wearable clothes, has been recognised in Fast Company’s Innovation by Design Awards for 2019.

Li & Fung swings to H1 profit but turnover falls 22 Aug 2019

Sourcing giant Li & Fung moved to a profit in the first half of fiscal 2019 although customer bankruptcies continued to weigh on turnover.

Li & Fung completes US$300m sale of LF Logistics stake 20 Aug 2019

Sourcing giant Li & Fung has completed a deal to sell a 21.7% stake in its logistics business for US$300m to Singapore-headquartered investment company Temasek.

Crystal makes progress on latest sustainability targets 26 Jul 2019

Hong Kong-based apparel manufacturing giant Crystal International is already making progress on its latest set of sustainability targets, with highlights including a 6% reduction in carbon footprint per garment. But it admits reducing the fresh water consumption per garment is proving more of a challenge.

Hong Kong textile waste recycling mill scales up 24 Jul 2019

An innovative new mill in Hong Kong that upcycles textile waste into yarns that can be reused to make garments has now been scaled up and is being trialled by a number of leading brands.

New app for at-a-glance chemicals management 22 Jul 2019

International brands and retailers including Bestseller, Lindex, Orsay, Li & Fung, Lidl and Tchibo are piloting a new chemical management app that gives an at-a-glance view of chemical usage in their global supply chains.

New Texon material for extra support in vulcanised shoes 17 Jul 2019

Footwear components and materials supplier Texon has unveiled a new material that provides extra shape and enhanced levels of support in vulcanised shoes, and contains up to 50% recycled fibre content.