Li & Fung forges ahead

HONG KONG: Li & Fung sells 4.85% stake for HKD$3.9bn

Supply chain management giant Li & Fung has announced it will sell a 4.85% stake in the company to Singapore-based…

HONG KONG: Li & Fung on acquisition trail as H1 profit soars

Supply chain giant Li & Fung today (13 August) said profit rose 18% to HKD$1.24bn (US$159m) for the first half…

HONG KONG: Li & Fung boss predicts BRIC retail expansion

One of the bosses of global supplier Li & Fung believes that the emerging markets of Brazil, Russia, India and…

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…