Page 11 – Li & Fung

LF USA expands licensing agreement with TapouT

New York, NY, June 7, 2010 – LF USA announced today that it has expanded its licensing agreement with TapouT, the leading marketer of mixed martial arts apparel and gear, to include men’s and juniors sportswear. Under the terms of this new agreement, LF USA’s Wear Me Apparel division, which has produced product for TapouT since … Continued

Li & Fung proposes bond offering

Hong Kong, 6 May 2010 — Hong Kong-based multinational Li & Fung Limited (“Li & Fung” or “the Group”; SEHK: 494), the global consumer goods exporter, rated A3 (stable) by Moody’s and A- (stable) by Standard & Poor’s, proposes to offer notes to professional/institutional investors in transactions exempt from the registration requirements under the Securities … Continued

Effective cost control measures drive record profits in 2009

Hong Kong, 24 March 2010 – Hong Kong-based multinational Li & Fung Limited (“Li & Fung” or “the Group”, SEHK: 494), the global consumer goods exporter, today announced record profits for 2009, which was driven by its discipline in cost control amidst a soft consumer market. For the year ended 31 December 2009, the Group’s turnover … Continued

Li & Fung acquires Visage Group Limited

Hong Kong, 25 February 2010 – Hong Kong-based global consumer goods exporter Li & Fung Limited (“Li & Fung” or “the Group”, SEHK: 494) today announced that its wholly owned subsidiary has acquired the entire issued share capital of Visage Group Limited. Visage is a leading private-label apparel supplier to leading high street and mass retailers … Continued

Li & Fung opens new Istanbul hub

Istanbul, 13 January, 2010 – Hong Kong-based global consumer goods exporter Li & Fung Limited (“Li & Fung” or “the Company”, Stock Exchange of Hong Kong code: 494) today inaugurated its new 7,100 square meter hub in Istanbul for the Company’s sourcing business in Europe, the Mediterranean, Middle East, Northern Africa and the former Soviet Union … Continued

Li & Fung and Hudson’s Bay Trading Company announce global sourcing partnership

Hong Kong, 8 December, 2009 – Hong Kong-based global consumer goods exporter Li & Fung Limited (“Li & Fung” or “the Group”, SEHK: 494) and the Hudson’s Bay Trading Company today announced a global sourcing strategic partnership for Hudson’s Bay Trading Company’s four main retail banners, the Bay, Zellers, Home Outfitters and Lord & Taylor. According … Continued

Li & Fung buys leading licensed brand company Wear Me Apparel

Hong Kong, 19 October 2009 – Hong Kong-based global consumer goods exporter Li & Fung Limited (“Li & Fung” or “the Group”, SEHK: 494) today announced that its wholly-owned subsidiary, LF USA Inc. (“LF USA”), has acquired substantially all of the assets of Wear Me Apparel, LLC (“The Company”), doing business as Kids Headquarters, a leading … Continued