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Li & Fung speeds digital strategy with new hire

2019-01-22 15:30:00| Daily apparel & textile news and comment - from just-style.com

Li & Fung has taken another step to building "the supply chain of the future" after hiring Darren Palfrey to the new role of chief digital officer (CDO).

Tags: new digital strategy hire

 

Fung Retailing inks lifestyle brands deal with Alibaba

2018-11-06 11:00:00| Daily apparel & textile news and comment - from just-style.com

Fung Retailing Limited has joined forces with Alibaba to help global brands expand their foothold in the China market by integrating the former's brand and supply chain resources with the Chinese online giant's big data and technology.

Tags: deal brands lifestyle alibaba

 
 

Tough retail environment weighs on Li & Fung H1

2018-08-22 12:46:00| Daily apparel & textile news and comment - from just-style.com

Li & Fung said a challenging macroeconomic and retail environment, which saw continued destocking, store closures and bankruptcies among its core retail and brand customers, weighed on earnings and sales in the first half of fiscal 2018.

Tags: environment retail tough h1

 

Fung Group invests US$35m in India's ShopX platform

2018-08-08 16:17:00| Daily apparel & textile news and comment - from just-style.com

Indian B2B e-commerce company ShopX, which connects consumers and small merchants with brands and suppliers, has secured a US$35m investment from Fung Strategic Holdings to fuel its expansion plans.

Tags: group platform invests fung

 

Fung JV Cobalt Fashion opens knit innovation lab

2018-07-24 12:11:00| Daily apparel & textile news and comment - from just-style.com

Cobalt Fashion Holding, one of the world's largest knitwear groups and a joint venture between the Fung Group and South Ocean Knitters, has opened an innovation lab at its headquarters in Hong Kong aimed at driving supply chain efficiency gains.

Tags: fashion opens lab innovation

 

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