31 Jul 2020
Li & Fung Partners with JD.com to Accelerate Development of Digital Supply Chain
Li & Fung today announced a strategic investment of US$100 million from JD.com , with newly issued capital (at HK$1.25 per share) to further develop its digital supply chain.
27 May 2020
Li & Fung delists from HKEX & sets course for long-term transformation
As a privately held company, Li & Fung is owned and managed by the Fung Family and Singapore-headquartered GLP Pte Ltd., a leading global logistics warehouse operator and investor.
13 May 2020
Li & Fung Announces Shareholder Approval for Privatization
97.14% of the total number of shares voted by disinterested shareholders were in favor.
20 Mar 2020
Li & Fung Announces 2019 Annual Results
Net profit attributable to shareholders was US$17 million representing a return to profitability.
13 Dec 2019
Li & Fung and First Insight Announce Global Strategic Partnership to Integrate Voice of the Customer Analytics into Li & Fung’s Digital Supply Chain Solutions
Industry-leading digital pre-season consumer testing to increase product success rates and reduce markdowns for brands and retailers
29 Oct 2019
Li & Fung signs Nike and Ocean Conservancy Arctic Shipping Pledge to prevent harmful shipments in Arctic waters
LF Logistics has signed a pledge to support an initiative launched by its customer, Nike, and Ocean Conservancy to prohibit shipping through the Arctic Ocean.
08 Oct 2019
Li & Fung completes Bond Tender Offer and issues New US$400 million Bond to further strengthen its Capital Structure
This is an important step aimed at deleveraging the Company’s balance sheet and providing higher financial flexibility for its upcoming Three-Year Plan (2020 – 2022).
22 Aug 2019
Li & Fung Announces 2019 Interim Results
Profit attributable to shareholders swung back to positive and recorded US$21 million on a reported basis.