li and fung news and archive

Li and Fung gets cash infusion for logistics firm

Li and Fung-owned company LF Logistics has received a cash injection of 300 million US dollars from Singapore-based investment company Temasek, after they agreed to acquire a 21.7 percent stake in the company. The investment values LF Logistics at approximately 1.4 billon US dollars on a post-money equity valuation basis. In a statement, Li and...

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PVH Corp. and Li & Fung sign supply chain agreement

London - PVH Corp., the owner of Tommy Hilfiger and Calvin Klein has entered into a new strategic partnership with global supply chain management firm Li & Fung to strengthen its current supply chain. The agreement sees PVH Corp replacing its current agreement with Li & Fung into a new partnership which sees the Hong-Kong based company offer...