Li & Fung buying spree
HONG KONG: Li & Fung spends $243m on apparel, shoe firms
Hong Kong-based Li & Fung, the world’s biggest textile sourcing group, has posted a 38% hike in first half profit…
SRI LANKA: Li & Fung vows to source clothing closer to home
Li & Fung’s Sri Lanka office is to increase purchases of men’s wear and value added children’s wear from Sri…
ANALYSIS: Li & Fung on target for record revenues
Last week, Hong Kong-based Li & Fung announced a 22% jump in 2006 sales to HK$68bn (US$8.7bn). The world's biggest…
HONG KONG: Acquisitions push Li & Fung FY profit up 23%
Hong Kong-based Li & Fung, the world’s biggest textile sourcing group, looks well on its way to reach target sales…
JAPAN: Kanematsu to sell 55% textile share to Li & Fung
Kanematsu Corp has reached an agreement to sell a 55% stake in wholly-owned subsidiary Kanematsu Textile Corporation to the investment…
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HONG KONG: Li & Fung to buy Hilfiger sourcing operations
A wholly-owned subsidiary of global sourcing giant Li & Fung is to buy the sourcing operations of the Tommy Hilfiger…