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Wal-Mart Supplier Li & Fung Says No Order Cutbacks in U.S.
2013-09-27 07:21:26| Logistics - Topix.net
Li & Fung Ltd. , the world's largest supplier of clothes and toys to retailers, said U.S. orders are solid and it hasn't seen reductions from Wal-Mart Stores Inc. "There hasn't been any cutbacks from Wal-Mart orders," Bruce Rockowitz , chief executive officer of the Hong Kong-based company, said today.
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Li & Fung falls to near four-week low after report on Wal-Mart cutting orders
2013-09-26 05:59:31| Logistics - Topix.net
A spokesman for Wal-Mart said the Bloomberg News story was inaccurate, although the company's shares still fell 1.5 percent on Wednesday.
Li & Fung: A source to be reckoned with
2013-08-30 22:51:19| Logistics - Topix.net
Li & Fung is the world's biggest supplier to the West's retail giants and a component of the Hang Seng Index, but it's still very much a family firm William Fung was instrumental in bringing Western-style corporate governance into the now 107-year-old family business.
Li And Fung Falls Out Of Favor
2013-08-29 00:56:10| Logistics - Topix.net
But not this year. Its revenue and profits tripled from 2005 through 2011. Then 12 months ago business began to sour.
US: Li & Fung to launch Kent & Curwen brand
2013-08-22 15:29:34| Logistics - Topix.net
LF USA, a division of global sourcing giant Li & Fung, is partnering with high-end men's wear company Trinity International and British Heritage Brands to launch the Kent & Curwen brand in the US.
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