Fung Group news and archive

Fung Group and Ruyi Group to jointly develop textile business in Africa

Fung Group and Ruyi Group have announced a strategic partnership to jointly develop new growth opportunities in the global textile and garment sector, specifically in the emerging Africa market. The company said that this strategic partnership will combine Fung Group's downstream network, brand expertise and leading sourcing and production...

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Management

Fung Group and Li & Fung announce the appointment of senior executives

While Li & Fung has appointed Joseph Phi replacing Marc Compagnon as the company’s new Group President, Fung Group has elevated Compagnon to Senior Advisor. The companies announced through separate media statements that working across the Fung Group of companies, whose core businesses operate across the entire global supply chain for consumer...

Retail

Petit Bateau partners with Fung Kids for entry into China

French baby and children's fashion brand Petit Bateau announced yesterday that it has entered into a distribution partnership with Fung Kids Limited, part of Hong Kong-based Fung Retailing Limited, to enter China's fast growing babies and children's wear market. The brand, which is privately-owned by the Rocher Group, also plans to open retail...

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Apparel

Kent & Curwen to launch in the US

British heritage brand Kent & Curwen has signed a licensing deal with Hong Kong-based supplier and distributor Li & Fung to launch in America. Trinity International, a division of the Fung Group, which also looks after Gieves & Hawkes, will act as the licensor and the brand will use Li & Fung’s existing distribution platform to enter the...