Hong Kong-listed Li & Fung Ltd<0494>, the world's leading consumer goods exporter, Monday said its wholly-owned subsidiary, LF USA Inc, would buy the young men's and children's apparel business in U.S.-based fashion brand manager Wear Me Appeal, LLC for US$100 million, as part of its efforts to expand...
HONG KONG, Oct 19 - Leading global consumer goods exporter Li & Fung said on Monday that it will pay up to $402 million to buy the young men's and children's apparel business in the...
Li & Fung Ltd<0494>, a company engaged in the trading of consumer products, plans to raise US$350 million (HK$2.73 billion) by selling new shares, sources reported. The Hong Kong-listed company will sell approximately 120 million shares at a price between HK$22.55 and HK$23.28 apiece, indicating a 3% to...
HONG KONG, April 28 - Consumer goods exporter Li & Fung Ltd, which manages supply chains for retailers such as Wal-Mart Stores Inc and Target Corp., expects to sign more outsourcing deals within months as...
Hong Kong-listed Li & Fung Ltd<494>, the world's leading consumer goods exporter, said its net profit fell to HK$2.42 billion, down 21% from a year earlier, the Standard reported.According to the company's filing with the Hong Kong Stock Exchange (HKEx), its earnings per share dropped 23% from a year earlier to...
HONG KONG, March 25 - Li & Fung, a Hong Kong-based U.S.-focused exporter and distributor, said on Wednesday it expects growth to be flat this year from its existing customers amid the global downturn. Group...
Feb. 24, 2009 (China Knowledge) - Hong Kong-based sourcing giant Li & Fung Ltd<494> announced it will acquire the sourcing business of Liz Claiborne Inc for approximately US$83 million (HK$646 million), the Shanghai Daily reported.
Jan. 5, 2009 (China Knowledge) - Hong Kong-listed Li & Fung Ltd<494>, the world's leading consumer goods exporter, is urged by move than 40 suppliers to pay up following the collapse of the U.S. retailer...
Dec. 1, 2008 (China Knowledge) - Hong Kong-listed Li & Fung Ltd<494>, the world's leading consumer goods exporter, announced yesterday that it has agreed to pay US$51 million for Miles Fashion, a German supplier to...
Nov. 18, 2008 (China Knowledge) - Victor Fung Kwok-King, chairman of Li & Fung Ltd<494> yesterday denied earlier reports that the company would lay off 1,000 staff, adding job cutting would be the last resort...