li and fung news and archive

Li and Fung gets cash infusion for logistics firm

Li and Fung-owned company LF Logistics has received a cash injection of 300 million US dollars from Singapore-based investment company Temasek, after they agreed to acquire a 21.7 percent stake in the company. The investment values LF Logistics at approximately 1.4 billon US dollars on a post-money equity valuation basis. In a statement, Li and...

Fashion

PVH Corp. and Li & Fung sign supply chain agreement

London - PVH Corp., the owner of Tommy Hilfiger and Calvin Klein has entered into a new strategic partnership with global supply chain management firm Li & Fung to strengthen its current supply chain. The agreement sees PVH Corp replacing its current agreement with Li & Fung into a new partnership which sees the Hong-Kong based company offer...

FeaturedMember

Business

Li & Fung teams up with Chinese retailers

Sourcing giant Li & Fung has formed a joint venture with two of China’s largest retail groups Bailian Group and Wangfujing Department Store Group as it looks to transform China’s retail industry through “enhancing supply chain efficiency”. The strategic partnership, created in Shanghai’s free trade zone, will be called ‘JV’ and both Bailian...