Li & Fung Company Market Research Report

Company Overview

Name: Li & Fung Limited

Mission of the Company: Li & Fung aspires to create the supply chain of the future to help customers navigate the digital economy. The company aims to deliver value in global supply chains by living its values around people, partners, and the planet.

Founded: 1906

Founders: Fung Pak-liu, an English teacher, and Li To-ming, a merchant

Key People in the Company:

Spencer Fung, Group Executive Chairman

Joseph Phi, Group CEO

Ed Lam, Board Director, CEO of LFX

Deepika Rana, Chief Operating Officer

Justin Kent, President, Supply Chain Solutions

Fanny Cheng, President, Supply Chain Solutions

Jason Kra, President, LF Markets USA

Destan Bezmen, President, LF Europe

Headquartered: No information is available

Number of Employees: Approximately 5,000 people across 30 markets

Revenue: No information is available

What is the Company Known For: Li & Fung is known for being a leading supply chain and logistics solutions partner, specializing in responsibly managing high-volume, time-sensitive supply chains for retailers and brands worldwide.

Products

Products Offered:

Customized, end-to-end supply chain and logistics solutions

Global Freight Services

Onshore wholesale businesses

High-Level Description of Products:

Supply Chain Solutions: Comprehensive management from product design and development to compliance, sourcing, manufacturing control, and logistics.

Global Freight Services: A global freight forwarder offering sea, air, rail, road, and intermodal transportation services.

Onshore Wholesale: Offers products like fashion, home goods, promotional items, and more.

Key Features of Each Product:

Supply Chain Solutions: Offers flexibility, innovation, and faster speed-to-market. Focus on digital platforms, 3D design, and collaboration tools.

Global Freight Services: Provides integrated, scalable, and cost-effective transportation with intelligent shipping planning.

Onshore Wholesale: Covers a broad range of products, focusing on creativity and innovation.

Recent Developments

Recent Developments in the Company:

Participated in a fashion tech summit highlighting sustainability as a competitive advantage.

Established a long-term strategic partnership with Maersk in 2021.

New Products Launched: No information is available.

New Features Added to Existing Products:

Enhanced digital tools and platforms for increased speed and efficiency.

Virtual 3D design platforms and enhanced capacity management tools.

New Partnerships:

Partnered with International Finance Corporation (IFC) to support SME growth in Asia's supply chains.

Long-term strategic partnership with Maersk for comprehensive supply chain services.

Other Notable Activities:

Sale completion of LF Logistics to A.P. Moller - Maersk.

Joint venture with GLP Financial Services to launch Air8, supporting supply chain financing for SMEs.

For more in-depth insights into Li & Fung’s operations and innovations, please refer to their official publications or the Fung Group website.