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Li & Fung Sees Sales and Profits Slide Amid Store Closures at Retail

Join McKinsey & Company, NewTimes Group, Arvind Limited, Asmara, Google, Bluesign, the Retail Prophet and more at Sourcing Journal’s Virtual Sourcing Summit, R/Evolution: Overhauling Fashion’s Outmoded Supply Chain, Oct 14 & 15.

A difficult global economic and retail scene brought down sales and profits at Li & Fung, but the company said it was poised to rebound on a refocusing of its business. In a Nutshell: Li & Fung Limited, among the top sourcing and supply chain countries in the world, said it was affected by a…

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