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Store closures and bankruptcies weigh on Li & Fung FY

2019-03-21 12:14:00| Daily apparel & textile news and comment - from just-style.com

Sourcing giant Li & Fung says a rapidly changing retail landscape that saw record levels of store closures and customer bankruptcies took a toll on its last financial year, with core operating profit down by 20%.

Tags: store weigh fy closures

Category:Consumer Goods and Services

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