Li & Fung (OTCMKTS:LFUGY) is a Hong Kong-based supply chain management company that designs, sources, distributes and delivers a wide range of consumer goods for retailers and brands around the world. The company offers end-to-end solutions that span product design and development, raw material sourcing, manufacturing oversight and quality assurance, as well as freight management and distribution services. Its client base includes department stores, e-commerce platforms, specialty retailers and branded marketers seeking a seamless, integrated supply chain.
Founded in 1906 by the Li and Fung families in Canton (now Guangzhou), Li & Fung began as a traditional trading house before transforming into a global supply chain specialist. Over the decades, the company expanded its capabilities by establishing sourcing offices across Asia and investing in proprietary technologies to enhance visibility and traceability. In the early 21st century, Li & Fung diversified its service offerings with digital tools aimed at improving inventory planning, order management and cost control for its customers.
Today, Li & Fung operates an extensive network of offices and facilities in major sourcing markets including mainland China, Vietnam, Bangladesh, India and Turkey, as well as regional hubs in North America and Europe. This global footprint enables the company to coordinate multi-tier production processes and comply with sustainability and social compliance standards. By leveraging local expertise and centralized coordination, Li & Fung strives to reduce lead times and optimize total landed costs for its clients.
The company’s leadership team is headed by Group Executive Chairman William Fung, who oversees its strategic direction, and Group Chief Executive Officer Spencer Fung, who manages day-to-day operations and business development. Together, they have guided Li & Fung through a series of strategic portfolio adjustments aimed at streamlining core activities and harnessing data-driven supply chain solutions. Under their stewardship, Li & Fung continues to evolve toward a technology-enabled model that addresses the complexities of today’s global retail environment.
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