The supply chain may start with an idea, but it’s the specialty of Hong Kong–based Li & Fung Ltd. to take that idea from raw concept to store floor.
Group managing director William K. Fung said that issues of efficiency, quotas and China are the three areas that have and will continue to impact the operations of the 96-year-old corporate sourcing giant. With 5,000 employees worldwide and 67 offices in 40 countries, annual revenues last year were more than $4.2 billion.
Hermès is launching a Laundromat pop-up shop in NYC - dubbed Hermèsmatic - where customers can bring their old scarves to be dip-dyed by an expert. Get all the details on WWD.com. #wwdnews (📷: @donstahl)