Li & Fung

Bill Sweedler photographed by Weston Wells for WWD

Mergers and Acquisitions

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.

clock June 28, 2018Jean E. Palmieri

Model on the catwalkGucci show, Runway, Fall Winter 2018, Milan Fashion Week, Italy - 21 Feb 2018

Financial

Kering, Target, More CEOs Agree, Commit to Sustainability Practices

The Global Fashion Agenda said the group commitment is a first of its kind.

clock March 27, 2018Kali Hays

Spencer Fung, ceo of Li & Fung.

Financial

Li & Fung Not Daunted by Trade Tariffs, Says CEO

Shares dropped 9.98 percent Friday but management said its global base will mute the impact.

clock March 23, 2018Tiffany Ap

Betabrand fans get to choose the features they want on their crowdfunded high heels.

Markets

Betabrand Shortens Time Period for Shoe Design to Five Days

The company has been working with Li & Fung Ltd. since 2017 to shorten the design and production process.

clock March 6, 2018Vicki M. Young

The Li & Fung headquarters in Hong Kong.

Mergers and Acquisitions

Li & Fung’s $1.1 Billion Strategic Divestment

The plan will remove three product verticals: furniture, sweaters and beauty.

clock December 14, 2017Tiffany Ap

Technology

MagnaReady Partners With Private Label Supplier LF Americas

The technology of MagnaReady is designed to help people with mobile issues.

clock September 28, 2017Arthur Zaczkiewicz

A closeup of the Tokidoki "Louis Ghost" chair for Kartell.

Fashion Scoops

Tokidoki Plans to Open 10 to 15 Hotels in China in the Next Five Years

Li & Fung’s, Tokidoki’s master licensing partner for China, Taiwan and South Korea, coordinated the hotel deal, and is scouting new ones for jewelry and cosmetics.

clock September 22, 2017Rosemary Feitelberg

Financial

Li & Fung Forms JV With Silas Chou’s South Ocean Knitters, H1 Profit Rises 12%

Li & Fung will own 62 percent of the new venture and Chou’s firm the remainder.

clock August 24, 2017Tiffany Ap

Financial

Li & Fung to Digitize Entire Supply Chain by 2019

Despite the ambitious plan, 2016 was a tough year for the global sourcing and trading firm.

clock March 29, 2017Tiffany Ap

Technology

Li & Fung Sets New Supply Chain Agreement With PVH Corp.

The agreement will improve speed to market and allow for better integration of consumer insights, PVH said.

clock March 24, 2017Tiffany Ap

Sabrina Fung

Retail

WWD’s 10 of Tomorrow: Retail Executive Sabrina Fung

The Fung Retailing exec melds eastern and western cultures to push business to the next level.

clock January 30, 2017Amanda Kaiser

The next generation of Hong Kong fashion tycoons.

Business Features

Meet the Next Generation of Hong Kong Fashion Tycoons

A changing of the guard is underway — here’s a list of faces to watch.

clock November 8, 2016Tiffany Ap

Wal-Mart is looking to improve its online business.

Financial

Li & Fung Sees Lower H1 Profits, Sales

Spencer Fung, chief executive officer of the sourcing giant, said: “2016 is one of the toughest trading periods we have ever seen.”

clock August 25, 2016Amanda Kaiser and Kate Whitehead

Richard Barry

Fashion Scoops

K.I.D.S./Fashion Delivers Selects Honorees for Annual Gala

The gala takes place Nov. 9 at the American Museum of Natural History.

clock August 15, 2016Lisa Lockwood

Harold Tillman, Caroline Rush and Tommy Hilfiger

Fashion Scoops

Sabrina Fung Hosts Fashion Week Dinner at Mark’s Club in London

Tommy Hilfiger, Jason Basmajian, Eva Herzigova and Julie de Libran were among guests.

clock June 11, 2016Samantha Conti and Miles Socha

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Business

Fabien Baron Gearing Up for Fight Over Interview Magazine Bankruptcy

clock 13hKali Hays

Social Studies