Latest Insights

Why speed is a new currency for Li & Fung 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.

Esquel – From making shirts to making a difference 26 Oct 2017

Hong Kong-based textile and apparel giant Esquel Group has made it its mission to weave sustainability into its core values, and across a vertical supply chain that spans every step from cotton farming to retail. Using fewer but more skilled workers, increasing productivity, investing in robotics and automation, micro-financing cotton farmers, and even selecting the whitest cotton fibres to reduce the bleaching process are among the initiatives outlined by managing director Edgar Tung.

How Li & Fung is getting smarter, faster, more efficient 29 Aug 2017

As global sourcing specialist Li & Fung works to differentiate itself from traditional buying agencies, the Hong Kong company is confident the traction it is gaining since the start of its current three-year plan is already enabling smarter, faster and more effective decisions.

Li & Fung looks to speed, innovation and digitalisation 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.

PSF 2017 – Using digitalisation and data to disrupt supply chains 24 Mar 2017

The apparel industry and its supply chain needs to start thinking differently if it is to deliver on demands for speed, customisation and transparency – with the biggest impact set to come from digitalisation of products and processes and analysis of the resulting data.

Latest News

Li & Fung reveals strong start to three-year plan 22 Mar 2018

Improved operating efficiency and productivity led Li & Fung to a 21.8% increase 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.

Ex-New Look boss to replace Martinez as Esprit CEO 21 Mar 2018

Hong-Kong-based fashion brand Esprit has announced its CEO Jose Martinez is to step down later this year and will be replaced by former New Look chief Anders Kristiansen.

SAC and GAFTI team up on sustainable standards 19 Mar 2018

Two leading initiatives trying to move the apparel industry towards a single solution for compliance and sustainability are to practice what they preach by working together in a bid to reduce the time and money spent on duplicated auditing.

Esprit prioritises sales as H1 comes in below expectations 28 Feb 2018

Esprit CEO Jose Manuel Martínez said improving sales across all channels is a "fundamental" goal as the Hong Kong-based fashion brand swung to a loss in the first half with weaker than expected sales at retail stores and a goodwill impairment in China taking a toll.

Li & Fung looks to build supplier relationships with Lavion appointment 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.

Prime Source Forum eyes apparel sourcing issues 16 Feb 2018

The programme for next month’s Prime Source Forum apparel sourcing conference is taking shape, with speakers lined up from around the world to discuss industry issues in China, Bangladesh, Myanmar, Africa and the EU, as well as the ongong digital transformation of the fashion supply chain.

Esquel aims to achieve zero liquid discharge 23 Jan 2018

Hong Kong-based textile and apparel giant Esquel Group, the world's largest woven shirt maker, has partnered with an industrial wastewater treatment firm in a bid to achieve zero liquid discharge at its wet processing manufacturing facilities.

Shoe maker Pou Chen to privatise China retail unit 23 Jan 2018

Pou Chen Group, the world’s largest manufacturer of athletic and casual footwear, is to privatise its sportswear retail subsidiary in China.

Crystal Group boosts worker and environmental performance 4 Jan 2018

Newly-listed Hong Kong-based apparel manufacturing giant Crystal Group is to expand its worker empowerment programme to facilities in Bangladesh and Cambodia – and says it expects all of its wholly-owned factories will have adopted the Higg Index Facility Environmental Module (FEM) 3.0 to measure environmental performance in 2018.

M&S sells Hong Kong and Macau retail business 2 Jan 2018

UK retailer Marks & Spencer has confirmed the sale and franchise of its retail business in Hong Kong and Macau to its long-established franchise partner Al-Futtaim.