Li & Fung
Lack of Liquidity Forces Global Brands Group to Shutter Business
David Beckham is reportedly negotiating to buy his brand.
Li & Fung Advances Sustainable Sourcing With New Canopy Partnership
Li & Fung is the next apparel sourcing powerhouse to join the CanopyStyle fashion initiative and Pack4Good…
Delvaux Is Up for Sale: Reports
A deal could value the 192 years old Belgian luxury bag-maker at around $500 million to $600 million, half of…
Leadership Shuffle at Li & Fung; Joseph Phi Named CEO
Spencer Fung takes on executive chairman position, succeeding William Fung.
Robert Clergerie Has a New Owner: Sources
Swiss private equity fund French Legacy Group is taking on the storied shoemaker.
Supply Chain Giant Li & Fung to Privatize
The company has been hit by a storm of the U.S.-China trade war, changing retail landscape, and the…
French Court Set to Decide on Bids for Sonia Rykiel in Mid-July
The number of offers has doubled since the court extended the procedure by half a month.
Sonia Rykiel Enters Receivership
The fashion house filed for court protection as it seeks a buyer for the struggling business.
Li & Fung Sees Profits Plunge Due to Challenges, Digitalization Effort
Profits of continuing operations fell 26.9 percent last year as the group speeds its transformation.
Li & Fung Appoints Darren Palfrey as Chief Digital Officer
Palfrey assumes the newly-created role for the 113-year old heritage firm in the midst of a sea change.
LF Beauty Re-brands as Meiyume
The Fung Group company is re-branding after a divestment of its three product verticals and a restructuring…
Li & Fung Quickens the Pace to Compete
The sourcing giant is getting digital and moving much faster while watching out for new types of competitors.
Li & Fung Appoints Wilson Zhu as Chief Operating Officer
The sourcing veteran previously held senior positions at Michaels, Office Depot and Hudson's Bay Co.
Li & Fung to Spin Off Logistics Business, Half-Year Profit Falls 19%
The firm downplayed the recent escalation of the U.S.-China trade war on its business.
Differential, GBG Deal Speaks to Attraction of Brand Licensing Model
Differential is spending $1.38 billion to acquire a portion of GBG's North American licensing business.