Li and Fung Newswire

Li and Fung Newswire

Comprehensive Real-Time News Feed for Li and Fung.

Results 1 - 20 of 60 in Li and Fung

  1. China Logistics Attracts Anbang, Sino-Ocean to $433 Million IPORead the original story

    9 hrs ago | The Washington Post

    Warehouse developer China Logistics Property Holdings Co. attracted cornerstone investors including Anbang Life Insurance Co.

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  2. China Logistics Attracts Anbang, Sino-Ocean to $433 Million IPO 41 minutes agoRead the original story w/Photo

    Tuesday | Bloomberg

    Warehouse developer China Logistics Property Holdings Co. attracted cornerstone investors including Anbang Life Insurance Co.

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  3. China Logistics Said to Delay $400 Million IPO on Brexit Jitters 33 minutes agoRead the original story w/Photo

    Friday Jun 24 | Bloomberg

    China Logistics Property Holdings Co., the warehouse developer backed by Carlyle Group LP, will delay the launch of its $400 million Hong Kong initial public offering, people with knowledge of the matter said. voted to leave the European Union, according to the people.

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  4. The true cost of your cheap clothes: slave wages for Bangladesh factory workersRead the original story w/Photo

    Saturday Jun 11 | South China Morning Post

    Everyone loves a bargain but the true cost of that latest wardrobe addition is pitiful wages for Bangladesh's legion of factory workers, writes Simon Parry. In a suite of offices lined with racks of clothes on the seventh floor of an industrial building in the back streets of Lai Chi Kok, the head of a trading company explains the economic reality that has transformed the global garment industry over the past decade.

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  5. Onestop Internet Survey Reveals Consumers Value Sustainability Twice...Read the original story

    Wednesday Jun 1 | Freshnews

    Onestop Internet , a leading full-spectrum eCommerce and Omni-channel solutions provider, today unveiled the results of a new retail survey that shows consumers are two times more likely to buy from brands that are eco-friendly than those that are endorsed by a celebrity.

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  6. Li & Fung faces US challengesRead the original story

    May 19, 2016 | The Standard

    Global sourcing firm Li & Fung will not be hurt by one of its key US buyers going bankrupt, chief executive Spencer Fung said yesterday.New York-based apparel firm Aeropostale filed for chapter 11 bankruptcy earlier this year. But it still has access to about US$100 million of financing, Fung said.That meant Aeropostale could operate during restructuring, Fung added, and Li... Global sourcing firm Li & Fung will not be hurt by one of its key US buyers going bankrupt, chief executive Spencer Fung said yesterday.

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  7. China looking for brave new trade corridorsRead the original story w/Photo

    Sep 13, 2011 | Turkish Daily News

    Just days after China marked the 50th anniversary of Mao Zedong's Cultural Revolution, a movement to wipe "capitalist elements" out of the country, Beijing set further goals on May 18 for its multi-billion-dollar "One Belt, One Road" initiative, with Hong Kong sitting at the heart of the plans that would affect around 60 countries, including perhaps Turkey. "China is the initiator but this is not a one-man show," said Zhang Dejiang, chairman of the Standing Committee of the National People's Congress and the vice chairman of the National Security Commission of China, also known as the "third man" of the world's second largest economy, during an opening speech at the Belt and Road Summit in Hong Kong.

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  8. Suh sees LegalZoom's job as fixing a 'failed' legal systemRead the original story w/Photo

    May 18, 2016 | ABA Journal

    John Suh has served as LegalZoom's CEO since February 2007 and as a member of its board of directors since February 2005. Prior to LegalZoom, Suh was CEO of StudioDirect, the internet division of a global supply chain company Li & Fung.

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  9. Toys "R" Us honors man who opened door to growth in ChinaRead the original story w/Photo

    May 12, 2016 | The Item

    Victor Fung being inducted on Thursday as the second honoree in the Toys "R" Us Hall of Fame at the company's headquarters in Wayne. Victor Fung, a member of the family that turned a Hong Kong-based trading company into a giant sourcing, manufacturing and retail conglomerate, and the man who opened the first Toys "R" Us store in Asia 30 years ago, participated in a town-hall style meeting with the more than 1,000 employees at Toys' corporate headquarters and was honored with membership in the company's newly created Hall of Fame.

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  10. Stagnant wages: Americans can't or won't compete?Read the original story

    May 8, 2016 | Enter Stage Right

    ... the Reagan recovery the pace was 251,000 in a much smaller economy. International supply chain companies, like Li and Fung in apparel and household items and Wipro in electronics and IT, specialize in outsourcing products designed and services ...

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  11. Li & Fung says troubled buyer Aeropostale owes US$17.5mRead the original story

    May 6, 2016 | The Standard

    Li & Fung Limited announced today that a long term customer, Aeropostale, Inc. has filed for bankruptcy protection under Chapter 11 of the U.S. Bankruptcy Code. The company is one of ARO's key suppliers and serves ARO on an agency and principal basis.

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  12. Morici: Stagnant Wages: Americans Can't or Won't Compete?Read the original story w/Photo

    May 4, 2016 | Deseret News

    ... the Reagan recovery the pace was 251,000 in a much smaller economy. International supply chain companies, like Li and Fung in apparel and household items and Wipro in electronics and IT, specialize in outsourcing products designed and services ...

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  13. The Wall Street Journal: Aeropostale accuses lender of pushing it into bankruptcyRead the original story w/Photo

    May 4, 2016 | MarketWatch

    Companies in bankruptcy are typically at the mercy of the lenders that hold the purse strings. Teen clothing retailer AA ropostale Inc. is trying to tip the scales in its favor.

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  14. Li & Fung refocusesRead the original story

    May 3, 2016 | The Standard

    Global exporter Li & Fung is selling its Asia consumer and health- care distribution business to motor vehicle distributor Dah Chong Hong Holdings for US$350 million in cash, as it refocuses on core trading and logistics operations.The supplier to US retailers, including Wal-Mart and Kohl's, is selling the LF Asia Distribution business in a deal that is expected to ... Global exporter Li & Fung is selling its Asia consumer and health- care distribution business to motor vehicle distributor Dah Chong Hong Holdings for US$350 million in cash, as it refocuses on core trading and logistics operations.

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  15. Dah Chong Hong to become China's biggest food importer after Li & Fung dealRead the original story

    May 3, 2016 | Reuters

    May 3 Motor vehicles distributor Dah Chong Hong Holdings Ltd is set to become China's biggest food importer after its deal with Li & Fung Ltd , chairman Zhang Jijing said on Tuesday. Dah Chong Hong also expects food and consumer products to account for 35 percent of its sales after the deal, up from 25 percent previously, Chief Executive Donald Yip told reporters.

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  16. Li & Fung to sell Asia distribution assets to Dah Chong Hong for $350 mlnRead the original story

    May 3, 2016 | Reuters

    May 3 Global exporter Li & Fung is selling its Asia consumer and healthcare distribution business to motor vehicle distributor Dah Chong Hong Holdings for $350 million in cash, as it refocuses on core trading and logistics operations. The supplier to U.S. retailers including Wal-Mart and Kohl's Corp is selling the LF Asia Distribution business to Dah Chong in a deal that is expected to close by the end of June, Li & Fung said on Tuesday.

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  17. Stagnant Wages: Americans Can't or Won't Compete?Read the original story w/Photo

    May 2, 2016 | Breitbart.com

    ... the Reagan recovery the pace was 251,000 in a much smaller economy. International supply chain companies, like Li and Fung in apparel and household items and Wipro in electronics and IT, specialize in outsourcing products designed and services ...

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  18. Peter Morici: Americans Must Work Harder to Compete in Evolving Labor MarketRead the original story w/Photo

    May 2, 2016 | News Max

    ... and reverse a $4,000 decline in family incomes in this century. International supply chain companies, like Li and Fung in apparel and household items and Wipro in electronics and IT, specialize in outsourcing products designed and services managed ...

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  19. Lan Kwai Fong the So Ho in Hong KongRead the original story w/Photo

    Apr 25, 2016 | South China Morning Post

    It is not just difficult, but impossible to separate the tourist hot spot Lan Kwai Fong, just up the hill from Central, from Allan Zeman. Walking with him through the narrow streets of the area, there are always tourists asking for a selfie with him or businessmen stopping to hand a name card to him.

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  20. Aeropostale Said to Bring In Advisers to Handle Strategic ReviewRead the original story

    Apr 18, 2016 | Bloomberg

    Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. Aeropostale Inc. has brought on additional legal and business advisers as the beleaguered teen-clothing chain considers a possible restructuring or sale, according to people familiar with the matter.

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