Li & Fung (HKG:0494), the Hong Kong-headquartered multinational group, is the world’s leader in consumer goods design, development, sourcing and logistics. It specializes in responsibly managing supply chains of high-volume, time sensitive goods for leading retailers and brands worldwide, in more than 300 offices across 40 economies.
Li & Fung Limited (HKG:0494), the world's leader in consumer goods design, development, sourcing and logistics, announced its full year results for the year ended 31 December 2015.
(Global Fashion Wire) - With the fiscal year ending just weeks ago Li & Fung (HKG:0494) (PINK:LFUGY) Research Centre have released their latest report documenting China's retail market growth over the last twelve months. It discusses the latest retail sales data and strategic analysis of the competitive landscape recognizing the growing sectors and the markets most recent developments at a national level.
Hong Kong-based multinational Li & Fung Limited (HKG:0494), the global consumer goods exporter, today announced that its subsidiary, LF USA, has acquired substantially all of the assets of Oxford Apparel, which is one of the operating groups of Oxford Industries, Inc (NYSE:OXM). The Group also said LF USA will launch industry-first lifestyle brands with globally recognized entertainers Jennifer Lopez and Marc Anthony that will be available in Kohl's stores.
Most Asian stock markets rebounded Thursday after the U.S. Federal Reserve's pledge to keep interest rates near zero for "an extended period". But analysts expect this would be a temporary rebound. Yesterday, Japan's Nikkei rose 1.6 per cent, boosted by the upbeat earnings reports. Hong Kong's Hang Seng Index added 1.6%, South Korea's Kospi climbed 1.0 per cent and Taiwan's Taiex climbed 1.8 per cent.
