Bruce Rockowitz

Li & Fung to Spin Off Licensing, Brand Division

Li & Fung

Hong Kong—Li & Fung Ltd., the sourcing giant for many U.S. retailers, said last week that it plans to spin off its brand and … [Read more...]

Li & Fung First Half Profit Falls 70% with “Sluggish” U.S. Market

Li & Fung

Hong Kong—Li & Fung Ltd., which is billed as the largest supplier of clothes and toys to retailers, reported Monday that its … [Read more...]

Restructuring Costs Weigh on Li & Fung 2012 Profit

Li & Fung

Hong Kong--Li & Fung Ltd has seen its full-year profit slump despite a slight rise in revenue, blaming ongoing restructuring … [Read more...]

LF USA Opens New Operations Center in North Carolina


Greensboro, NC—Local officials hailed the opening of LF USA’s new operations center here which the company says will be expanding … [Read more...]

Li & Fung Acquires Crimzon Rose, Plans Asia Expansion

Crimzon Rose owns Erica Lyons its largest branded jewelry line.

Hong Kong—As part of its three-year plan to reach $1.5 billion in core operating profits, sourcing giant Li & Fung said … [Read more...]