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Inventor suing Li & Fung

2013-04-12 12:30:48| Logistics - Topix.net

Furniture retailer and inventor Billy Joe Griggs has sued multinational giant Li & Fung in U.S. District Court here, claiming the company is illegally producing sofas in China that incorporate his proprietary ready-to-assemble technology.

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Griggs sues Li & Fung over use of RTA technology

2013-04-04 18:13:44| Logistics - Topix.net

Furniture retailer and inventor Billy Joe Griggs has sued multinational giant Li & Fung in U.S. District Court here, claiming the company is illegally producing sofas in China that incorporate his proprietary ready-to-assemble technology.

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Li & Fung posts near stagnant sales in 2012

2013-03-22 10:37:28| Logistics - Topix.net

Decline mainly due to costs of restructuring LF USA's business and reduction in the number of brands distributed in the US Hong Kong-based Li & Fung Limited the multinational consumer goods sourcing, logistics, and distribution group, announced that turnover achieved in the year ended 31 December 2012 was US$20,222 million, 1% higher than the year ... (more)

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Li & Fung set to fall short of target

2013-03-21 22:07:45| Logistics - Topix.net

Hampered by restructuring costs at its US business and declining profit margins, Li & Fung yesterday said it could no longer meet its three-year profit target.

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HONG KONG: Restructuring costs weigh on Li & Fung FY profit

2013-03-21 14:19:00| Daily apparel & textile news and comment - from just-style.com

Global sourcing giant Li & Fung Ltd has seen its full-year profit slump despite a slight rise in turnover, blaming ongoing restructuring costs and weakness in its distribution business.

Tags: costs hong kong hong kong

 

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