LFX builds on Li & Fung’s 100+ years of experience and deep connections in 40+ economies around the world to incubate, invest, and operate companies that enable supply chain sustainability.
Cloud-based Digital Dock Management Solution reduces waiting time by 90% First step in co-creating digital supply chain solutions for the logistics industry LF Logistics, the logistics arm of Li & Fung, the world’s leading supply chain solutions partner for consumer brands and retailers, and GLP, a leading global investment manager and business builder in logistics, … Continued
Li & Fung Limited (“Li & Fung,” “the Group,” or “the Company;”), the world’s leading supply chain solutions partner for consumer brands and retailers, announced today new leadership appointments following the recent privatization of the Company. With immediate effect, Joseph Phi, Group President, is appointed Group Chief Executive Officer of Li & Fung and Spencer … Continued
Li & Fung Limited (“Li & Fung”), the world’s leading supply chain solutions partner for consumer brands and retailers, announced that Deepika Rana, in addition to her current responsibilities, is appointed to the role of Chief Customer Officer. This newly created position serves to leverage Li & Fung’s global network in 50-plus production markets and … Continued
Li & Fung Limited (“Li & Fung,” or “the Company;”), the world’s leading supply chain solutions partner for consumer brands and retailers, announced the successful pricing of a new US$300 million five-year medium-term note at an interest rate of 4.5%. The new issuance is in the form of Drawdown Notes under the Company’s Medium-Term Note … Continued
Li & Fung (“Li & Fung”, “the Group”, or “the Company”), today announced a strategic investment of US$100 million from JD.com (“JD”) , with newly issued capital (at HK$1.25 per share) to further develop its digital supply chain. The Fung Family will continue to retain control of the Company with 60% of the voting shares. … Continued
Core Operating Profit declined by 23% and net profit to shareholders returned to positive Temasek’s US$300 million investment in LF Logistics and bond refinancing further strengthened balance sheet and capital structure US$932 million cash balance and over US$1.5 billion banking facilities provide adequate financial flexibility New management team improved NPS score and generated record market … Continued
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, announced that LF Logistics, the Company’s logistics business, has signed a pledge to support an initiative launched by its customer, Nike, and Ocean Conservancy to prohibit shipping through the … Continued
Core Operating Profit decreased 20% to US$285 million due to challenges in Supply Chain Solutions business New management team in place to accelerate turnaround and digital transformation Leadership in end-to-end 3D virtual design is disrupting traditional supply chains Logistics business continues strong organic growth with COP up 15% Strategic divestment of Product Verticals for US$1.1 … Continued
Weizhong Zhu (“Wilson”) has joined Li & Fung as Chief Operating Officer (COO) and will lead operations across all Li & Fung’s 40+ production countries. As Li & Fung pushes ahead on its digital supply chain strategy to build the Supply Chain of the Future, Wilson will focus on strengthening the Company’s production platforms globally, … Continued
