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Online shopping is squeezing profits throughout the retail sector, hurting such industry heavyweight as Li & Fung Ltd., one of the world’s largest factory middlemen, the Wall Street Journal is rep ...More
EJ Insight2016-08-26
Li & Fung Ltd. (00494.HK), the sourcing company that supplies clothes and toys to retailers worldwide, said it agreed to sell its distribution unit LF Asia to Dah Chong Hong Holdings Ltd. (01828.H ...More
EJ Insight2016-05-04
The Panama Papers leak has unveiled Hong Kong's very close links with offshore companies set up abroad. So far, no government officials have come up with an explanation. The leaked documents showed t ...More
EJ Insight2016-04-18
There is a famous Chinese saying that “wealth never survives three generations”. That may apply in mainland China, but not in the rest of Asia. That may be why no mainland-based family made it onto th ...More
EJ Insight2015-10-10
Li & Fung Ltd. (00494.HK), a Hong Kong-based supplier of consumer goods, said it expects to enjoy lower purchasing costs in mainland China in view of the weaker renminbi in the long run. However, ...More
EJ Insight2015-08-21
HSBC Holdings (0005.HK) has outlined a new version of its roadmap for the future. The plan, which involves "10 Strategic Actions", is seen as key to the bank's financial performance and share price in ...More
EJ Insight2015-06-13
For decades Li & Fung Ltd. has been helping western brands navigate the supply chain in China, Vietnam, Bangladesh and other low-cost countries. By connecting Tommy Hilfiger, Abercrombie & Fit ...More
EJ Insight2015-05-22
Despite the growing popularity of online shopping, last-mile issues remain a challenge for e-tailers. One-year-old FingerShopping has found a cost-effective solution that could be a model for the indu ...More
EJ Insight2015-04-23
A lackluster retail market is likely to hinder Li & Fung Ltd. (00494.HK) in its efforts to achieve its three-year plan, the Hong Kong Economic Journal reported Friday. The trading and logistics fi ...More
EJ Insight2015-03-20
Hong Kong billionaire Victor Fung is proposing a southern China common market comprising Hong Kong, Macau and Guangdong. Fung, chairman of global sourcing group Li & Fung Ltd., wants China to incl ...More
EJ Insight2015-03-17
England football hero David Beckham has tapped a Hong Kong lifestyle company to push his brand around the world. Beckham formed a joint venture with Global Brands Group Holding Ltd. (00787.HK), a bran ...More
EJ Insight2014-12-04
Hong Kong must encourage angel investors and try to become the top center for such investments in the Asian region, said Victor Fung, the chairman of global sourcing giant Li & Fung Ltd. (00494.HK ...More
EJ Insight2014-12-01
After visiting Alibaba Group (BABA.US) headquarters in Hangzhou and a Sands China (01928.HK) event in Macau last week, British soccer star David Beckham was seen at an office of sourcing giant Li & ...More
EJ Insight2014-11-11
