Press Releases Archives - Page 3 of 3 - Li & Fung

Li & Fung Joins Copenhagen Fashion Summit 2018 to Raise Awareness of Sustainability in Fashion

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 joins leading voices from across the fashion industry as a strategic partner at the Copenhagen Fashion Summit, an event hosted by one of the world’s premier non-profit sustainability-in-fashion … Continued

Li & Fung Accelerates Creation of Digital Supply Chain with Softwear Automation Partnership

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 Announces 2017 Annual Results

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

Li & Fung Partners with One Earth – One Ocean to Raise Awareness of Need for Cleaner Oceans Around the World

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

Li & Fung Announces Shareholder Approval of US$1.1 Billion Strategic Divestment of Three Product Verticals Businesses

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

Li & Fung announces US$1.1 billion strategic divestment to further simplify its business model to build the supply chain of the future

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