By and and  on March 19, 2014

Li & Fung Ltd. grew to be a powerhouse by squeezing cost out of the supply chain — and although analysts fear the company is now feeling the squeeze itself, Bruce Rockowitz begs to differ.

Rockowitz, who is president and chief executive officer of Li & Fung, brushed aside outside concerns that the company’s role as a “middleman” is not sustainable, that it’s too reliant on momentum-losing private label brands and that it is facing rising labor costs, particularly in China.

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