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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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