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Li & Fung Plunges After Wal-Mart Predicts Earnings Decline

2015-10-15 06:25:38| Logistics - Topix.net

Li & Fung Ltd., the global sourcing company, dropped the most in more than four months in Hong Kong trading after its biggest The Hong Kong-based company plunged as much as 7 percent to HK$5.86, the biggest intraday loss since May 26. The city's Hang Seng Index gained 0.9 percent. Wal-Mart shares tumbled 10 percent at the close in New York Wednesday, the biggest one-day drop since January 1988.

Tags: decline earnings predicts walmart

 

New Study: Li & Fung Limited (494) - Financial and Strategic SWOT Analysis Review

2015-09-28 23:42:22| Logistics - Topix.net

Financial and Strategic SWOT Analysis Review provides you an in-depth strategic SWOT analysis of the company's businesses and operations. The profile has been compiled by GlobalData to bring to you a clear and an unbiased view of the company's key strengths and weaknesses and the potential opportunities and threats.

Tags: review limited study analysis

 
 

Fung Group launches omnichannel retail lab

2015-09-28 18:51:00| Daily apparel & textile news and comment - from just-style.com

Virtual-reality fitting rooms, magic mirrors and 3D printing are among innovations being trialled at a large-scale laboratory in Shanghai where businesses can experiment with omnichannel techniques and trends shaping the future of retail.

Tags: group retail lab launches

 

Turnover down 1% at Li & Fung in H1

2015-08-21 12:27:12| Logistics - Topix.net

Total turnover for the first six months of 2015 at Hong Kong based Li & Fung Ltd went down marginally by 1 per cent year over year to US $8,626 million. "Of which, trading business revenue fell 2.5 per cent from a year ago period, while the logistics business reported a massive sales hike of 36.3 per cent for the first half of 2015," interim results released by the company stated.

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Li & Fung H1 hit by weak US and Europe sales

2015-08-20 12:55:00| Daily apparel & textile news and comment - from just-style.com

Li & Fung has revealed first-half results reflecting the ongoing weak macroeconomic conditions in its key markets, reporting lower first-half sales in the US and Europe.

Tags: us sales hit europe

 

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