U.S. retail sales clues may surface from Li & Fung
One of the world's largest supply-chain middlemen, Li & Fung Ltd. is set to offer clues about the U.S. retail sector's health when the supplier to chains such as Target Corp. and Wal-Mart Stores Inc. reports first-half earnings on Thursday.
Centric Software raises $24 mln led by Fung and Silver Lake Waterman
Centric Software has secured $24 million in growth capital as part of a Series D round.
Global Brands Begins Trading After Li & Fung Spinoff
Global Brands, which manages over 350 labels including Coach Inc. shoes and licensed characters such as Angry Birds and Spiderman, started trading at HK$2.09 and was unchanged as of 10:19 a.m. local time.
Hong Kong shares end flat
Hong Kong shares finished flat on Tuesday, as gains in utilities offset losses in Macau casino stocks on concerns that revenues would suffer as gamblers focused on the final week of the World Cup.
Li & Fung names Marc Compagnon as Executive Director
Mr. Marc Robert Compagnon has been appointed as an Executive Director and a member of the Risk Management and Sustainability Committee of the Company with effect from 1 July 2014.