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.
Issa Rae stopped by WWD's NYC headquarters to talk about season two of "Insecure," which premieres this Sunday on HBO. Click link in bio for all the details. #wwdeye (📷: @jgreenery; Styled by @mayteallende)
A Stella McCartney sketch of a custom dress made from protein-based silk in partnership with biotech lab Bolt Threads. The dress will be displayed at The Museum of Modern Art's upcoming design exhibition, "Items: Is Fashion Modern?"