Press releases - Li & Fung


Press releases

28 Jun 2019

Li & Fung Announces Investment of US$300 Million by Temasek in LF Logistics

The investment values LF Logistics at approximately US$1.4 billion on a post-money equity valuation basis.

23 May 2019

Li & Fung 2019 Annual General Meeting

Held in Hong Kong, all shareholder resolutions were approved and adopted.

21 Mar 2019

Li & Fung Announces 2018 Annual Results

Core Operating Profit decreased 20% to US$285 million due to challenges in Supply Chain Solutions business, a new management team in place to accelerate turnaround and digital transformation

29 Jan 2019

Li & Fung appoints Joseph Phi as Group President

As Group President, Joseph will lead the company’s Supply Chain Solutions operating groups, including Business Development.

22 Jan 2019

Li & Fung appoints Darren Palfrey as Chief Digital Officer

Having reached a defining point in its digital transformation journey, the company has expanded its leadership team and created a new role with the purpose of accelerating its digital strategy.
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