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

COVID-19 recovery is on the horizon but the pandemic's impact on sustainability, retail, product development and consumer buying patterns means the denim industry must evolve. Join Rivet on April 20th at 11 am ET for the COVID, One Year Later roundtable.

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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