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Li & Fung Maintains its Focus on Supply-Chain Digitization with LFX Launch

Fashion is at a crossroads: continue with cutting-edge strategies developed to persevere during Covid or slide back into familiar (yet unprofitable) habits? Get the experts' perspective at our in-person Sourcing Summit, Oct. 19 at New York’s Cipriani 42nd Street.

Li & Fung Ltd. took another step toward accelerating supply-chain digitization Thursday. Less than a year after Chinese tech giant JD.com invested $100 million in Li & Fung, the sourcing and supply chain solutions partner announced the launch of a new company, LFX, created to “capitalize on new digital opportunities transforming the retail industry and enabling…

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