Li & Fung History
Earlier company descriptions, brand line-ups, store counts and photographs from the history of Li & Fung, kept for historical reference.
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The Company Description of Its Time
Li & Fung files scale before it files products. Founded in Guangzhou in 1906, the Li & Fung Group is a multinational group of companies driving strong growth in three distinct core businesses, and the corporate structure given on the page is dated August 13, 2015 - a snapshot the historical record itself warns may have changed, a caution this rebuild repeats rather than updates. Fung Holdings (1937) Limited is a privately held entity and major shareholder of the Fung Group. Under that holding sit three businesses - trading and logistics, distribution, and retailing - and the sections below keep them in the filing's own separation, because the separation is the profile: one group, three ways of touching a consumer product.
Distribution, Retailing, and the Service Definition
The distribution business for branded apparel and related products is operated by Global Brands Group Holding Limited, which designs, develops, markets and sells products across a diverse brand portfolio and creates new opportunities, product categories and market expansion for brands on a global scale; it too is listed on the SEHK. The group's diverse retailing businesses operate under Fung Retailing Limited, including the publicly listed Convenience Retail Asia Limited and Trinity Limited and the privately held Branded Lifestyle Holdings Limited, Fung Kids (Holdings) Limited, Toys R Us (Asia), Suhyang Networks and UCCAL Fashion Group - a retail arm spanning convenience, apparel and toys across Asia, held inside the same structure as the sourcing giant.
The service definition is the page's most quotable passage. Li & Fung takes care of all vital aspects of the supply chain so that its customers - leading retailers and brands - can focus on their customers. Professionalism, experience and integrity have earned Li & Fung its reputation in the filing as the world's leading consumer goods sourcing company. Dedicated teams of product specialists focus on each customer segment to professionally manage the entire supply chain: from product design and development, through raw material and factory sourcing, production planning and management, quality assurance and export documentation, to shipping control. Eleven named stages, run by specialist teams per customer - the sourcing company as an outsourced supply chain department for the world's retailers.
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References & Further Reading
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