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

Rivet's 2020 Denim Circularity report takes a deep dive into how the global denim industry is plotting its circular future amidst a worldwide pandemic.

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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