Home Retail Sherpa Li & Fung Grapples With Client Loss
 

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Retail Sherpa Li & Fung Grapples With Client Loss

2015-05-22 04:25:30| Logistics - Topix.net

Last year, 41-year-old Spencer Fung became chief executive of one of the world's biggest factory middlemen, tasked with reversing the sliding fortunes of the company co-founded by his great grandfather more than a century before. For decades, that company, Li & Fung Ltd., has been the go-to helper for Western brands that don't have the expertise to navigate the supply chain in China, Vietnam, Bangladesh and other low-cost countries.

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