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Li & Fung

Li & Fung’s Go-Private Plan Gains Final Approvals

The approved plan calls for shareholders to comprise the Fung family, controlling shareholder of Li & Fung…

Li & Fung to Go Private Amid Sinking Stock Price and Global Pandemic

After going public in 2013, the sourcing giant is taking itself off the market and contending with the…

Supply Chain Giant Li & Fung to Privatize

The company has been hit by a storm of the U.S.-China trade war, changing retail landscape, and the…

Li & Fung, First Insight Collab May Mean Reduced Markdowns in 2020

Li & Fung and First Insight may have a solution for getting supply chain buys in line with consumer demand.

LF Products Rebrands as Living Style Group to Emphasize Home Market

The rebrand comes after completion of Li & Fung's strategic divestment of its furniture, sweaters and beauty…

Li & Fung Just Got a $300 Million Infusion for its Logistics Business

Li & Fung is working its way to creating the supply chain of the future by building up the logistics to…

Sears Partners With Li & Fung to Accelerate Apparel Supply Chain

Sears wants to speed up deliveries of apparel merchandise to stores closer to season and it's partnering with…

French Court Set to Decide on Bids for Sonia Rykiel in Mid-July

The number of offers has doubled since the court extended the procedure by half a month.

Li & Fung Says Apparel is Spinning in Circles Rather Than Springing Forward

Li & Fung says too many apparel companies still aren't ready to leave traditional models behind and embrace a…

Sonia Rykiel Enters Receivership

The fashion house filed for court protection as it seeks a buyer for the struggling business.

Li & Fung Posts 26 Percent Profit Slide; Eyes Spinoff of LF Logistics Business

With a double digit profit slide in 2018, Li & Fung has plans for continued investments in digitization and…

Li & Fung Sees Profits Plunge Due to Challenges, Digitalization Effort

Profits of continuing operations fell 26.9 percent last year as the group speeds its transformation.

Shuffle Board: Li & Fung Names Palfrey Chief Digital Officer, Anchisi Tapped as CEO of Dondup

Li & Fung appointed Darren Palfrey to the new post of chief digital officer, while David Kornberg left as CEO…

Li & Fung Appoints Darren Palfrey as Chief Digital Officer

Palfrey assumes the newly-created role for the 113-year old heritage firm in the midst of a sea change.

LF Beauty Re-brands as Meiyume

The Fung Group company is re-branding after a divestment of its three product verticals and a restructuring…