Hong Kong, 19 March, 2012 – Hong Kong-based Li & Fung Limited (“Li & Fung”, or “the Group”, SEHK: 494), the multinational consumer goods export and logistics group, today welcomed the Court of Appeal’s judgment in favor of its subsidiary, Li & Fung (Trading) Limited (“LFT”). The Court of Appeal has upheld the judgment of the … Continued
Hong Kong, 19 January, 2012 – Hong Kong-based Li & Fung Limited (“Li & Fung”, or “the Group”, SEHK: 494), the multinational consumer goods export and logistics group, today announced it has acquired the children apparel and toys businesses in Greater China from The Roly Group (“the Seller”) in September 2011. This is Li & Fung’s … Continued
New York, N.Y., December 12, 2011 – LF USA, a subsidiary of Hong Kong- headquartered Li & Fung Limited, the multinational consumer goods export and logistics group, announced today that it has entered into a strategic partnership with the Council of Fashion Designers of America (CFDA). “The CFDA and its members are the driving force in … Continued
New York, NY (December 8, 2011) – LF USA, a subsidiary of Hong Kong- headquartered Li & Fung Limited, the multinational consumer goods export and logistics group, today announced that it has entered into a multi-year licensing agreement Geoffrey Beene, LLC for men’s pants including casual, dress and shorts, under the Geoffrey Beene label for the … Continued
Core Operating Profit down by 16% due to higher operating costs arising from recent acquisitions and investing in the new Three-Year Plan Strong turnover increase of 33% Benefits of cost reductions to be reaped in second half and beyond ? Cross-selling by the three business Networks generating new revenue streams Hong Kong, 11 August 2011 – … Continued
Hong Kong, 22 June 2011 – Hong Kong-based multinational, Li & Fung Limited (“Li & Fung”, or “the Group”, SEHK: 494), the multinational consumer goods export and logistics group, announced today that since March 24, 2011 it has signed five deals which includes three acquisitions for the Group’s Trading Network and two acquisitions for its Distribution … Continued
Hong Kong, 18 May 2011 – The Board of Directors of Hong Kong-based multinational Li & Fung Limited (“Li & Fung”, SEHK: 494) announced today transitional arrangements in its top leadership following recent changes in its group structure as part of its long-term planning. With immediate effect, Mr Bruce Rockowitz is appointed Group President and Chief … Continued
Hong Kong, 24 March 2011 – Hong Kong-based multinational Li & Fung Limited (“Li & Fung” or “the Group”, SEHK: 494), the multinational consumer goods export and logistics group, today announced strong core operating profit growth of 42% in 2010, reflecting solid organic growth and significant margin expansion from onshore businesses. It also announced the details … Continued
Hong Kong, 22 March 2012 – Hong Kong-based Li & Fung Limited (“Li & Fung”, or “the Group”, SEHK: 494), the multinational consumer goods export and logistics group, today announced robust growth for 2011, reflecting market share gains and the synergistic dynamics of its new structure of three Business Networks. Despite a sluggish global economy, the … Continued
New York, N.Y., January 25, 2011 – LF USA, a subsidiary of Hong Kong-headquartered multinational Li & Fung Limited, the multinational consumer goods export and logistics group, today announced that it has acquired Beyond Productions, LLC. Led by international superstar Beyoncé and Tina Knowles, Beyond Productions is a leading designer and licensor of women’s fashion apparel … Continued
