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Press releases

31 Aug 2022

Maersk completes acquisition of LF Logistics

Li & Fung announced the completion of the sale of LF Logistics, to A.P. Moller - Maersk, an integrated logistics company working to connect and simplify its customers’ supply chains.

22 Dec 2021

Li & Fung and Maersk form long-term strategic partnership and announce acquisition of LF Logistics by Maersk valued at US$3.6bn

The partnership will enable both companies to utilize their respective resources and global networks to create a comprehensive range of end-to-end global supply chain services.

22 Dec 2021

Announcement of formation of long-term strategic partnership with Maersk and disposal of logistics business

18 Aug 2021

LFX launches Air8 with GLP Financial Services as strategic partner to serve supply chain financing needs of SME suppliers

Air8 leverages Li & Fung’s ecosystem to build a fintech platform that capitalizes on supply chain experience to focus on cross-border trade finance in the apparel and general merchandise sectors.

15 Jul 2021

Li & Fung Joins Forces with Canopy to Protect Forests

Global Supply Chain Powerhouse Launches CanopyStyle and Pack4Good Commitment.

07 Jul 2021

Li & Fung further expands JD.com’s private brand offerings

Partnership to create insight-driven brands for new segments and leverage consumer-to-manufacturer (C2M) model to enable smarter production and faster speed to market.

10 May 2021

LF Logistics makes appearance at Hainan Expo to demonstrate its commitment for the development of the Hainan Free Trade Port and signs agreement to build Global Consumer Boutique Center

At the expo, LF Logistics signed a cooperation agreement with Hainan Development Holdings Co., Ltd to jointly build a global consumer goods center in Hainan.

28 Apr 2021