Partnership leverages Softwear Automation’s revolutionary SEWBOT® technologies to accelerate the full digitization and automation of the manufacturing process Hong Kong, 8 May 2018 – Li & Fung Limited (“Li & Fung,” “the Group,” or “the Company;” SEHK: 494), the world’s leading supply chain solutions partner for consumer brands and retailers, today announced it has entered into … Continued
Li & Fung Limited (“Li & Fung,” “the Group,” or “the Company;” SEHK: 494), the world’s leading supply chain solutions partner for brands and retailers, today announced the successful completion of the strategic divestment of three of its product vertical businesses, Furniture, Beauty and Sweaters (“product verticals”), having obtained the necessary shareholder and regulatory approvals. … Continued
Three-Year Plan (2017- 2019) is on track with a strong start in its first year Core Services Segment of supply chain solutions and logistics businesses delivered solid growth of 21.8% in core operating profit Global network of 15,000 suppliers in over 40 markets well-positioned to absorb any shock from trade uncertainty Strategic divestment of three … Continued
Partners Hold a Reception in Hong Kong to Commemorate the Launch of an Asia Tour for One Earth –One Ocean’s SEEKUH, a Catamaran that is Cleaning Ocean’s Around the WorldHong Kong, 1 February 2018 – Li & Fung Limited (“Li & Fung”,” SEHK: 494), the world’s leading supply chain solutions partner for consumer brands and retailers, … Continued
99.94% of the independent shareholder votes were in favor of the strategic divestment Further simplifies business to focus on core competencies Special dividend of US$520 million to return to shareholders Remaining proceeds of US$580 million to further strengthen capital structure to build the supply chain of the future Hong Kong, 31 January 2018 – Li & … Continued
Strategic divestment of three product verticals for US$1.1 billion Further simplifies business to focus on core competencies Special dividend of US$520 million to return cash to shareholders Remaining US$580 million to further strengthen capital structure and build the supply chain of the future Hong Kong, 14 December 2017 – Li & Fung Limited (“Li & Fung”,” … Continued
Singapore, October 4, 2017 – LF Logistics has been named by Frost & Sullivan as the 2017 Asia-Pacific Regional Warehouse Service Provider of the Year. The award was presented to LF Logistics at the annual Frost & Sullivan Asia-Pacific Best Practices Awards banquet, held at the Shangri-La Singapore on 4 October. With its continuous efforts on … Continued
Use of locally-sourced talent and material to manufacture Sensodyne toothpaste for the betterment of Indonesian consumers’ health and quality of life Hong Kong, 5 September 2017 – LF Beauty, a division of Li & Fung (SEHK: 494) and a leader in sustainable healthcare and beauty manufacturing, today announced it has entered into a strategic manufacturing agreement with … Continued
• Li & Fung’s new supply chain model gains traction • Customers embrace new supply chain solutions • Core operating profit increases by 12% in 1H2017 like-for-like • Logistics continues double-digit growth driven by e-logistics, geographic expansion and new verticals • Strong balance sheet supports future growth, including US$150 million for digitalization over the next … Continued
Hong Kong, 24 August 2017– Li & Fung Limited (“Li & Fung”, SEHK: 494) today announced a joint venture (“JV”) with South Ocean Knitters Holdings Limited (“South Ocean”) to combine the operations and resources of Li & Fung’s sweater vertical together with South Ocean’s knitwear business to become one of the largest and most innovative … Continued
