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Li & Fung Joins Forces With Chinese Tech Titan to Accelerate Supply-Chain Digitization

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.

Li & Fung announced a strategic investment of $100 million from JD.com to further develop its digital supply chain. The Fung Family will continue to retain control of the sourcing company, with 60 percent of the voting shares. Li & Fung went private in May after 28 years on the Hong Kong Stock Exchange. In…

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