Li & Fung - Fashion Company Profile
Li & Fung is the Hong Kong supply-chain manager founded in 1906 - for a century the middleman between Asian factories and Western retailers - privatised by the Fung family and GLP in 2020.
Company Snapshot
- Status
- Operating
- Public or Private
- Private - privatised in 2020 and delisted from the Hong Kong Stock Exchange on May 27, 2020; the Fung family holds 60% of the voting shares, with GLP holding the remainder and all non-voting shares
- Headquarters
- Hong Kong
- Founded
- 1906, in Guangzhou, China, by Fung Pak-liu and Li To-ming
Company Profile
Li & Fung still runs sourcing, design, production management and logistics for brands and retailers from its Hong Kong base, now as a private company after 47 years on the stock exchange (it listed in 1973 in its modern form and delisted in 2020). There is no shop box on this page: Li & Fung sells services to businesses, not products to consumers. The distribution and retailing record, and the group's own definition of its services, are kept on the history page.
The trading and logistics business sits under Li & Fung Limited, described as the leading consumer goods design, development, sourcing and logistics company for major retailers and brands around the world. With a growing network of over 15,000 suppliers in more than 40 countries, it specialises in responsibly managing sustainable supply chains of high-volume, time-sensitive goods. It also offers a customisable menu of logistics solutions, from warehousing, transport, repacking and customs brokerage to freight forwarding, hubbing consolidation and other value-added services. Li & Fung Limited is listed on the SEHK - the Hong Kong stock exchange - as the filing records.
Li & Fung History
The earlier record for this company - its history, past brand line-ups, figures and photographs from the periods described - is kept on a separate page for historical reference.
Li & Fung History & Historical Profile →Common Questions
Is Li & Fung a public company?
No longer - it was privatised by Golden Lincoln (the Fung family with GLP) and delisted from the Hong Kong Stock Exchange on May 27, 2020.
What does Li & Fung do?
It manages supply chains for brands and retailers - product design and development, sourcing, production management, quality control and logistics - without owning the factories.
When was Li & Fung founded?
In 1906 in Guangzhou, as a porcelain and silk trading firm; the Fung family has controlled it throughout.
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