Press Releases Archives - Li & Fung

Fashion Tech Summit showcases sustainability as key competitive advantage

Hong Kong, August 15, 2024 – LiFung Tower nestled in the historic textile and clothing manufacturing district of Cheung Sha Wan, Kowloon in Hong Kong was the focal point of the inaugural Fashion Tech Summit, drawing over 300 leading industry executives to delve into the theme of sustainability as a pivotal competitive advantage. Spearheaded by … Continued

IFC partners with Li & Fung and LFX to support SME growth and digitalization in Asia’s supply chains

To help increase access to affordable supply-chain finance for smaller enterprises in Asia and integrate greater digitalization in supply-chain management, IFC today announced a partnership with Li & Fung, a leading global supply-chain services provider in the apparel and general merchandise industry. IFC is providing a US$75 million loan to Li & Fung and its … Continued

Maersk completes acquisition of LF Logistics

Li & Fung Limited (Li & Fung), the world’s leading supply chain solutions partner for consumer brands and retailers, and its affiliates, today announced the completion of the sale of LF Logistics, to A.P. Moller – Maersk (Maersk), an integrated logistics company working to connect and simplify its customers’ supply chains. LF Logistics, with its … Continued

Li & Fung further expands JD.com’s private brand offerings

Li & Fung Limited, the world’s leading supply chain solutions partner for consumer brands and retailers, today announced that as part of a strategic investment made by JD.com in 2020, it is partnering with JD.com to provide end-to-end digital supply chain management services for JD.com’s private brand initiatives. Together, they are creating a multi-category collection … Continued