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Tough retail environment weighs on Li & Fung H1

2018-08-22 12:46:00| Daily apparel & textile news and comment - from just-style.com

Li & Fung said a challenging macroeconomic and retail environment, which saw continued destocking, store closures and bankruptcies among its core retail and brand customers, weighed on earnings and sales in the first half of fiscal 2018.

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