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Li & Fung: Latest News

Li Fung

Li & Fung sells stake in logistics firm for $300mSubscription

28 June 2019 By

Singapore-based investment company Temasek has agreed to acquire a 21.7% stake in Li & Fung-owned company LF Logistics for $300m (£236m).

Workers at a textile factory in China

Chinese textiles giants forge Africa tie-upSubscription

28 March 2019 By

Textile giants Fung Group and Ruyi Group have announced a strategic partnership with a specific focus on the African market.

Li Fung

Record store closures hit Li & Fung profitsSubscription

21 March 2019 By

Sourcing giant Li & Fung has reported a 20% decrease in core operating profit (COP) to $285m (£216m) for the year to 31 December 2018.

Li & Fung: Fashion & Features

Spencer Fung

Li & Fung chief's audacious plan to shake up the supply chainSubscription

29 November 2017 By , Photography by Sophia Spring

Spencer Fung is the Silicon Valley-trained CEO of Li & Fung, the billion-pound supplier to the high street’s biggest names. Now, he is tasked with revolutionising the 111-year-old business founded by his great-grandfather.

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